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The Hindu

World / The Hindu

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India loses nearly 4.3% of GDP due to corrosion. Heres how to fix it.

In this episode of The Climate Economy, we talk to Ashim Sharma - Senior Partner & Group Head Business Performance Improvement Consulting at Nomura Research Institute to understand how the traditional L1 (lowest cost bidder) procurement model, optional material standards, and lack of life-cycle cost evaluation pose a massive threat to Indias rapid infrastructure expansion. We take a look at the policy changes are needed for future infrastructure projects.

27 Oct 2026 4:51 pm