India is building roads at a record rate and the country’s national highway network will rise 37% in the next two years, said Nitin Gadkari, Minister of Road Transport and Highways, while addressing a Global Business Summit recently.
The Government target to develop two lakh km of national highway network by 2025 is being made possible on the back of the massive budgetary push for capital expenditure in the budget. There is an allocation of ₹10 lakh crore for development of infrastructure in 2023-24. The National Highways Authority of India (NHAI) target for awarding road projects is 16,000 km, of which 7,500 km is already done.
According to the Minister, about half the ₹16-lakh crore Sagarmala scheme to develop India’s coastline has been completed. It is noteworthy that 10,000 km of greenfield highways are being made. Also being constructed are highways connecting to ports, cement factories, different types of industrial clusters and logistics parks. Again, Dholera-Ahmedabad highway is being built using two million tonnes of municipal corporation waste.
The ministry is developing 35 multimodal logistics parks that will reduce the overall logistics costs.