25,000 km to Get Four Lanes for Rs 10 Trillion

28 Mar 2025 CW Team

Union Minister for Road Transport and Highways, Nitin Gadkari, announced on Thursday that 25,000 km of two-lane highways across India will be upgraded to four lanes at an estimated cost of Rs 10 trillion. "We are planning to convert 25,000 km of two-lane highways into four-lane highways at a cost of Rs 10 trillion. The detailed project reports (DPRs) are being prepared, and we aim to complete the work within two years," he stated during the Question Hour in Lok Sabha.

Additionally, the government will upgrade 16,000 km of national highways to six lanes, requiring an investment of Rs 6 trillion.

Gadkari emphasised the government's commitment to reducing road accidents and enhancing road infrastructure, noting that India loses 3% of its GDP annually due to road accidents.

The Centre is prioritising highway development in Jammu & Kashmir, the Northeast, and hilly regions such as Himachal Pradesh and Uttarakhand. In J&K alone, road projects worth ?2 lakh crore are in progress, including 105 tunnels aimed at improving connectivity.

Among these, the Zojila tunnel—set to be the longest in Asia—will be completed for around ?5,500 crore, significantly lower than the initial Rs 120 billion estimate. Work is also progressing on the Jammu-Srinagar highway, where 36 tunnels are planned, 22 of which have been completed. Once finished, the travel time between Jammu and Srinagar will be cut from seven hours to just three to three and a half hours.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..