Highlighting the impact of delay in implementation of projects in manufacturing sector across India, the ASSOCHAM study noted that out of 1,160 projects that are in different stages of implementation, 422 projects have reported time or cost overruns worth about Rs nine lakh crore which is almost 50 per cent of the actual investment.
Odisha has emerged as the top state in the country with over 17 per cent share in the total live investments worth about Rs 33 lakh crore in the#
Of these 422 delayed projects, only 80 projects have declared employment potential and these projects alone could generate 4.5 lakh employment opportunities. (SH)
ALCHEMPro News Desk – India
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