How to build growth in a Covid economy
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On A Roll!
In 2023, the India Off-the-Road Tyre (OTR) Market Report by IMARC captured the growing OTR/construction tyre industry as the market size reached 11.3 million units. Just as two or more wheels move the automotive sector, the use of OTRs tyres, utilised for large-scale machinery at construction, mining and other sites with no roads, is growing owing to increasing infrastructural, construction, mining, agriculture and forestry activities.
India’s off-highway tyre market is designed for heavy equipment used in the construction industry and able to withstand harsh conditions such as roug..
Gatishakti: Five key infra projects recommended
The Prime Minister's ambitious infrastructure initiative, Gatishakti, has taken a significant step forward with the recommendation of five key projects for approval. These projects, spanning various sectors crucial for India's development, were proposed during the recent meeting of the National Infrastructure Pipeline Task Force. The projects recommended for approval encompass diverse areas such as road construction, urban development, and energy infrastructure.
One of the highlighted projects is the development of an expressway connecting Delhi with Dehradun. This strategic road link..
India's National Infrastructure Pipeline Set at Rs 109 trillion
In a significant development, India revealed its National Infrastructure Pipeline with a whopping outlay of Rs 109 trillion, underscoring the government's dedication to catalysing urban infrastructure development. The substantial investment is poised to play a pivotal role in fostering economic growth and addressing the burgeoning infrastructure needs of the nation.
The National Infrastructure Pipeline encompasses a diverse range of projects across urban and rural areas, spanning sectors such as transportation, energy, water resources, and social infrastructure. This comprehensive appr..
GIS mapping of all National Highways to be completed soon
The government announced its intention to complete GIS mapping of all National Highways with the aim of enhancing planning, execution, and monitoring processes.
It was conveyed by the Ministry of Road Transport and Highways (MORTH) that project implementing units of various agencies, including the National Highways Authority of India (NHAI), Border Roads Organisation (BRO), and National Highways and Infrastructure Development Corporation Ltd (NHIDCL), were instructed to indicate their jurisdiction on a dashboard.
The primary goal of this standard operating procedure (SOP) was t..
Highway Construction Accelerates Despite Election Season
Highway construction in India has not slowed down during the current election season, according to officials. Instead, there has been a noticeable acceleration in road infrastructure projects across the country.
Authorities highlight that the construction momentum has been maintained despite the electoral activities, underscoring the government's commitment to advancing infrastructure development. This proactive approach aims to enhance connectivity, facilitate economic growth, and improve transportation efficiency nationwide.
The surge in highway construction activity reflects s..