Road and Infrastructure Industry Analysis

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

Advantage India

Robust
Demand

* In FY21, 13,298 kms of highway was constructed across India.

* In FY22* (until February 2022), automobile production (comprising passenger vehicles, three-wheelers, two-wheelers and four-wheelers) stood a 20,042,351 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.

* To transform road infrastructure in Punjab, Haryana and Rajasthan, the Indian government has planned to construct roads extending 313 kms for Rs. 11,000 crore (US$ 1.48 billion).

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 2022-23, the Government of India has allocated Rs. 199,107.71 crore (US$ 26.04 billion) to the Ministry of Road Transport and Highways.

Policy
Support

* 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: Apr, 2022

Indian Roads

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

IBEF Campaigns

MORE
Experience India - Dubai Expo 2020

Experience India - Dubai Expo 2020

From the small towns and districts of India come the big-hearted artists wh...

Geographical Indicators of India

Geographical Indicators of India

The Geographical Indications Registry is set up for administration of the G...

Case Studies

MORE

Promoting Indian Textile And Apparel Exports

Promoting Indian Textile And Apparel Exports

The global textile market is estimated to reach US$ 1,412.5 billion by 2028 and would expand at a CAGR of 4.4% from 2021 to 2028. Rapidly changing tre...

The Potential Of Cottage Industry Trade

The Potential Of Cottage Industry Trade

A cottage industry is a small business engaged in manufacturing and operated from the owner’s homes. Cottage industries form an important part o...

India's Climate Vision

India's Climate Vision

Climate change and global warming are the biggest threats of the present time and how the world manages to control pollution will define our future. R...

IBEF BLOG

MORE
Merchandise Exports Scaling New Heights
30 Jun 2022

Merchandise Exports Scaling New Heights

The Merchandise Industry of India India's share in global merchandise ...

Importance of India’s Blue Economy
30 Jun 2022

Importance of India’s Blue Economy

Introduction to Blue Economy Blue Economy is defined by the World Bank as ...

Joint Ventures in India's Automobile Industry
24 Jun 2022

Joint Ventures in India's Automobile Industry

India's Automobile Industry India is the fifth largest vehicle market ...

Partners
Loading...