India’s bridge infrastructure market is poised for significant growth, projected to rise from $ 42.16 billion in FY2024 to $ 68.26 billion by FY2032, registering a compound annual growth rate (CAGR) of 6.21 per cent, according to Markets & Data. This upward trajectory is bolstered by an 11.1 per cent increase in capital infrastructure spending this year, taking the total allocation to Rs 11.11 lakh crore (~$ 133 billion).

“Policy reforms and institutional frameworks have emerged as key accelerators in India’s bridge construction landscape, streamlining execution, enhancing resilience and enabling future-ready infrastructure,” observes Shailesh Agarwal, Partner, Risk Consulting (Infrastructure), EY India.

The impact of these developments is especially evident in the bridge construction segment, which is on the cusp of transformation. Flagship programmes like Bharatmala and Sagarmala are set to substantially expand India’s bridge network across both hinterland and coastal corridors...

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