Indian road sector: Highway of economic growth

18 Oct 2023 CW Team

National highway plays a vital role in the social and economic integration and development of the country. Total budgetary spending in the road sector has increased by more than eight times to Rs.2.6 trillion in FY2023BE over FY2014 at a CAGR of more than 20 per cent. The road sector is likely to continue to be a torch bearer for investments for the government, says Vishal Kotecha, Director, India Ratings & Research.

The government's focus on infrastructure spending is visible given its multiplier effect of 2.5x -3x on GDP. Realizing the infrastructure-backed growth, the government announced the National Infrastructure Plan (NIP) and the National Monetization Plan (NMP). The road sector accounts for a significant proportion of the NIP and NMP as it is critical for economic development in the country. With the contribution of 65 per cent and 90 per cent of countrywide freight traffic and passenger traffic respectively, road sector contributes to 3.2 per cent of the GVA. National highway plays a vital role in social and economic integration and development of the country as it caters to almost 40 per cent of the road traffic despite constituting only 2 per cent of the road network.

To read the full story, CLICK HERE.

Real Estate

29 Oct 2025

iWO(R)K

It is commonly believed that technology is the key differentiator between a smart and an ordinary workspace. While that is true on one level, it isn’t the whole truth. Conceptually, smartness as associated with an office has evolved from technological novelty to holistic sustainability, workplaces that not only perform but also inspire, explains Dikshu Kukreja, Managing Principal, CP Kukreja Architects. “A truly smart workplace is not simply a matter of embedding devices or automated systems; it is about creating an ecosystem that balances digital intelligence, ecological sensiti..

Bentley’s AI-Driven Infrastructure Vision

Kaushik Chakraborty, Senior Vice President, Asia Pacific & Japan, Bentley Systems, shares with PRATAP PADODE, Editor-in-Chief, CW, how Bentley is reshaping infrastructure. Through AI, model-centric workflows and innovation, technology is helping deliver projects faster, greener and more efficiently across regions.How does Bentley’s global strategy ensure its solutions meet diverse infrastructure needs?Bentley’s technology is designed to scale globally. Projects large and small – from a hotel in Udevo to a 350-km highway in Australia – demonstrate that technology is no bar..

Handling the Bottom Line

In a highly competitive construction environment, efficient material handling is “the silent engine of profitability”, to quote Vaibhav Kulkarni, General Manager Projects, JP Infra Realty. “It’s not just about moving materials from A to B but developing a strategy to minimise touchpoints, reduce waste and maximise spends.”Planning stageBefore investing in material, Kulkarni recommends designing the material flow. “Map the journey of major materials from the delivery point to their final placement,” he recommends. While doing this, “minimise double-handling and identif..