Govt to develop more than 250 ropeway projects of over 1,200 km
ECONOMY & POLICY

Govt to develop more than 250 ropeway projects of over 1,200 km

Union Minister for Road Transport and Highways Nitin Gadkari addressed 'INTERALPIN 2023 Fair', the Leading International Trade Fair for Alpine Technologies at Innsbruck, Austria. The fair brings together key industry players, service providers, and decision-makers from the Cable Car industry.

Gadkari said under “Parvatmala Pariyojana”, the Government of India plans to develop 250+ projects with a Ropeway length of 1,200+ km over 5 years. He said the focus is on PPP under Hybrid Annuity Model with 60% contribution support by Government of India. He said the manufacturing of ropeway components will be promoted under the "Make in India" initiative.

Gadkari encouraged the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport and to be a part of this transformational journey to take Indian infrastructure to greater heights.

Gadkari also visited exhibits of world’s leading manufacturers of ropeway systems offering high-tech solutions, innovative design, top quality, and functionality, thus paving the way for convenient and environmentally friendly ropeway passenger transport.

Also Read

Union Minister for Road Transport and Highways Nitin Gadkari addressed 'INTERALPIN 2023 Fair', the Leading International Trade Fair for Alpine Technologies at Innsbruck, Austria. The fair brings together key industry players, service providers, and decision-makers from the Cable Car industry.Gadkari said under “Parvatmala Pariyojana”, the Government of India plans to develop 250+ projects with a Ropeway length of 1,200+ km over 5 years. He said the focus is on PPP under Hybrid Annuity Model with 60% contribution support by Government of India. He said the manufacturing of ropeway components will be promoted under the Make in India initiative.Gadkari encouraged the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport and to be a part of this transformational journey to take Indian infrastructure to greater heights.Gadkari also visited exhibits of world’s leading manufacturers of ropeway systems offering high-tech solutions, innovative design, top quality, and functionality, thus paving the way for convenient and environmentally friendly ropeway passenger transport.Also ReadBihar Cabinet approves for construction of AIIMS-DarbhangaTangedco to get coal for Mettur plant

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement