India Aims for 40 km of Highway Construction Daily in Two Years
ROADS & HIGHWAYS

India Aims for 40 km of Highway Construction Daily in Two Years

India is on track to achieve its ambitious target of constructing 40 kilometers of highways per day within the next two years, according to Bhavik Damodar, Partner at Deloitte India. Damodar emphasized the strong momentum from the central government, noting that the necessary ecosystem and construction capacity are already in place.

"If land acquisition and regulatory issues are promptly addressed, reaching the goal of 40 kilometers of road construction per day in the next 24 months is achievable," Damodar stated.

Discussing upcoming highway projects, Damodar indicated that future contracts would predominantly follow the EPC (Engineering, Procurement, and Construction) and HAM (Hybrid-Annuity Model) frameworks, with fewer projects using the BOT (Build-Operate-Transfer) model.

While EPC projects require substantial government funding, they offer opportunities for monetization under the TOT (Toll-Operate-Transfer) model. "The Union government is focusing on many corridors using the EPC model, with plans to transition some of these projects to TOT later," Damodar explained.

The government's commitment to infrastructure development is evident in recent announcements made in the Union Budget. Finance Minister Nirmala Sitharaman has unveiled plans for several major road projects, including the Patna-Purnea Expressway, Buxar-Bhagalpur Expressway, and road connections to Bodhgaya, Rajgir, Vaishali, and Darbhanga in Bihar, with an estimated total cost of around Rs 260 billion.

Additionally, the budget has allocated Rs 11111.11 billon for infrastructure capital expenditures over the next five years to ensure continued robust support for the sector.

India is on track to achieve its ambitious target of constructing 40 kilometers of highways per day within the next two years, according to Bhavik Damodar, Partner at Deloitte India. Damodar emphasized the strong momentum from the central government, noting that the necessary ecosystem and construction capacity are already in place. If land acquisition and regulatory issues are promptly addressed, reaching the goal of 40 kilometers of road construction per day in the next 24 months is achievable, Damodar stated. Discussing upcoming highway projects, Damodar indicated that future contracts would predominantly follow the EPC (Engineering, Procurement, and Construction) and HAM (Hybrid-Annuity Model) frameworks, with fewer projects using the BOT (Build-Operate-Transfer) model. While EPC projects require substantial government funding, they offer opportunities for monetization under the TOT (Toll-Operate-Transfer) model. The Union government is focusing on many corridors using the EPC model, with plans to transition some of these projects to TOT later, Damodar explained. The government's commitment to infrastructure development is evident in recent announcements made in the Union Budget. Finance Minister Nirmala Sitharaman has unveiled plans for several major road projects, including the Patna-Purnea Expressway, Buxar-Bhagalpur Expressway, and road connections to Bodhgaya, Rajgir, Vaishali, and Darbhanga in Bihar, with an estimated total cost of around Rs 260 billion. Additionally, the budget has allocated Rs 11111.11 billon for infrastructure capital expenditures over the next five years to ensure continued robust support for the sector.

Next Story
Real Estate

Kolkata’s luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata’s luxury residential market (Rs 5–10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment’s supply. The average price rose by 6 per cent—from Rs 17,519 to Rs 18,600 per sq ft—while unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka’s Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur’s Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?