Road Infrastructure in India

India's road network is the second-largest in the world with about 6 million kms of roads.

Advantage India

Robust
Demand

* As on November 30, 2022, the total length of National Highways in the country was 144,634 km.

* Passenger vehicle (PV) wholesales rose by 23% year-on-year in the December 2022 quarter of FY23. The total passenger vehicle dispatches increased to 9.34 lakh units.

Attractive
Opportunities

* The Government aims to construct 65,000 kms of national highways at a cost of Rs. 5.35 lakh crore (US$ 741.51 billion) by 2022.

* Andhra Pradesh will spend US$ 296.05 million to build 8,970 kms of roads.

* A network of 35 Multimodal Logistics Parks are planned to be developed as part of Bharatmala Pariyojana, with a total investment of about Rs. 46,000 crore (US$ 5.55 billion), which can handle around 700 MMT of cargo.

Higher
Investments

* Transfer from National Investment Fund (NIF) was estimated at Rs. 20,000 crore (US$ 2.61 billion) as of March 2022.

* Under the Union Budget 2023-24, the Government of India has allocated Rs. 2.7 lakh crore (US$ 33 billion) to the Ministry of Road Transport and Highways.

Policy
Support

* 100% Foreign Direct Investment (FDI) is allowed under the automatic route in the road and highways sector.

* In October 2021, the government issued a notice related to concessions under the Vehicle Scrapping Policy (effective from April 2022) to encourage vehicle owners towards discarding old vehicles which have higher fuel consumption costs.

Last updated: May, 2023

Indian Roads

  • Srinagar
  • Golden quadrilateral
  • North South / East West / Corridor
  • Porbandar
  • Mumbai
  • Chennai
  • Kanyakumari
  • Kolkata
  • Silchar
Major Highways in India

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