India Unveils Annual Budget to Skittish Infra Investors

Even Disney is watching India's infrastructure situation closely. The entertainment company has shelved plans to build a theme park there—which would be India's first—due to lack of supporting Indian infrastructure.

"While setting up a park…everything including infrastructure has to be in place before opening the doors," says Andy Bird, chairman of Walt Disney International. Disney is moving forward with a Shanghai installation, a $5-billion investment.

Key Takeaways: India's Budget for 2013-14

Industrial Corridors

• Plans for seven new cities have been finalized, and work on two new smart industrial cities at Dholera, Gujarat and Shendra Bidkin, Maharashtra, are expected to start.

• Delhi Mumbai Industrial Corridor (DMIC) is to be provided additional funds, if required.

• The Chennai Bengaluru Industrial Corridor is to be developed.

•Preparatory work has started for the Bengaluru Mumbai Industrial Corridor.

Power Transmission

• The government plans to build a transmission system from Srinagar to Leh.

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Progressive Design-Build is reshaping large infrastructure projects by addressing key issues with the traditional Design-Build approach. We'll explore how PDB fosters collaboration between owners, design-builders, and design teams to develop a well-defined scope and budget, plus minimizes cost overruns and reduces liability claims.