By 2024 Gadkari to invest Rs 2 trillion on road infra in Jharkhand
ROADS & HIGHWAYS

By 2024 Gadkari to invest Rs 2 trillion on road infra in Jharkhand

Union Minister Nitin Gadkari declared that Jharkhand's infrastructure will be improved with Rs 2 trillion boost for highway network in the state of Jharkhand by 2024. According to the Road Transport and Highways Minister, Jharkhand will join the group of developed states when it comes to infrastructure, and a network of highways, including those that fall under Bharatmala and economic corridors, would be finished.

Speaking at a rally in Ranchi, the state capital, Gadkari remarked, “The projects what you are seeing at present is just a trailer. I promise I will deliver Rs 2 lakh crore road infrastructure projects in Jharkhand.” According to the Union minister, Jharkhand has many resources, including coal and iron, and improved infrastructure in the state might spur the growth of the nation.

According to Gadkari, the goal is to lower logistic costs, which are substantially higher in India at 16% compared to countries like China and the US, where they are roughly 8% and 12% respectively. The road network will support local industry and generate a tonne of employment, he added. By 2024, India's logistics costs are to be reduced to 9%, according to the Road Transport and Highways Minister.

He asked the Jharkhand administration to submit plans for road network, lamenting the fact that the state had not received any while as many as 260 bids from other states had been received. The minister emphasised the need for green fuel and invited farmers in Jharkhand to participate in the manufacturing of ethanol from rice straw, stubble, and other byproducts.

In addition to the Rs 50 billion ring road over 114 kilometres, Gadkari said he was pleased to announce the nation's first double decker bridge in Ranchi and Jamshedpur. On the in-depth project reports for these, work has already begun.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Union Minister Nitin Gadkari declared that Jharkhand's infrastructure will be improved with Rs 2 trillion boost for highway network in the state of Jharkhand by 2024. According to the Road Transport and Highways Minister, Jharkhand will join the group of developed states when it comes to infrastructure, and a network of highways, including those that fall under Bharatmala and economic corridors, would be finished. Speaking at a rally in Ranchi, the state capital, Gadkari remarked, “The projects what you are seeing at present is just a trailer. I promise I will deliver Rs 2 lakh crore road infrastructure projects in Jharkhand.” According to the Union minister, Jharkhand has many resources, including coal and iron, and improved infrastructure in the state might spur the growth of the nation. According to Gadkari, the goal is to lower logistic costs, which are substantially higher in India at 16% compared to countries like China and the US, where they are roughly 8% and 12% respectively. The road network will support local industry and generate a tonne of employment, he added. By 2024, India's logistics costs are to be reduced to 9%, according to the Road Transport and Highways Minister. He asked the Jharkhand administration to submit plans for road network, lamenting the fact that the state had not received any while as many as 260 bids from other states had been received. The minister emphasised the need for green fuel and invited farmers in Jharkhand to participate in the manufacturing of ethanol from rice straw, stubble, and other byproducts. In addition to the Rs 50 billion ring road over 114 kilometres, Gadkari said he was pleased to announce the nation's first double decker bridge in Ranchi and Jamshedpur. On the in-depth project reports for these, work has already begun.

Next Story
Infrastructure Urban

RR Kabel features in Hurun India 500 list

RR Kabel has been featured in the 2025 Burgundy Private Hurun India 500, a list of India’s 500 most valuable companies. The list is compiled by Burgundy Private, Axis Bank’s private banking business, in partnership with Hurun India.The recognition highlights RR Kabel’s sustained growth, market leadership and long-term value creation in India’s consumer electrical sector. The annual list recognises companies that have contributed to India’s economic landscape through scale, performance and business value.The Burgundy Private Hurun India 500 ranks listed companies based on market capit..

Next Story
Infrastructure Urban

Vedanta ranks among India’s top 100 workplaces

Vedanta Group has been recognised among India’s Top 100 Best Companies to Work For 2026 by Great Place to Work India. The recognition reflects the company’s focus on building a high-trust, high-performance and inclusive workplace across its businesses in natural resources, critical minerals, energy and technology.Over the past five years, Vedanta has enabled nearly Rs 25 billion in employee wealth creation through its broad-based Employee Stock Option programme. The company said the initiative is aimed at encouraging ownership and shared value creation across levels.Vedanta has also built ..

Next Story
Real Estate

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement