+
India's Highway Toll Collection Hits Rs.64,809.86 Crore in FY24
ROADS & HIGHWAYS

India's Highway Toll Collection Hits Rs.64,809.86 Crore in FY24

India's highway toll collection for the fiscal year 2023-24 has reached a staggering ?648.09 billion, marking a significant surge of 34.9% compared to the previous year and hitting a five-year high, according to data released by the government.

The substantial increase in toll revenue is attributed to the expansion of tolled roads and a rise in their usage across the country. Over the past five years, toll collection has witnessed a steady growth trajectory, climbing from ?251.54 billion in 2018-19 to ?648.09 billion in FY24.

A senior official from the Ministry of Road Transport and Highways disclosed that the implementation of a satellite-based toll collection system is anticipated to further bolster revenue streams. "We are currently conducting pilot tests on various stretches, and based on the feedback received, the system will be gradually rolled out nationwide," the official stated.

The new satellite-based GPS toll collection system integrates the global navigation satellite system (GNSS) with automatic number plate recognition (ANPR) cameras to ensure accurate toll charges based on the distance traveled by vehicles. While ANPR offers a cost-effective solution and can be swiftly deployed, the GPS-based system necessitates a longer transition period, requiring all vehicles to be equipped with an onboard unit (OBU) or a tracking device for seamless toll deduction on national highways.

As of November 2023, the total length of tolled roads in India stood at 45,428 kilometers, representing a remarkable increase from 25,996 kilometers after FY19, marking a notable surge of 74.7%.

The adoption of advanced toll collection technologies not only aims to streamline revenue collection but also seeks to enhance the overall efficiency of the country's transportation infrastructure, ensuring a smoother and more cost-effective travel experience for commuters nationwide.

India's highway toll collection for the fiscal year 2023-24 has reached a staggering ?648.09 billion, marking a significant surge of 34.9% compared to the previous year and hitting a five-year high, according to data released by the government. The substantial increase in toll revenue is attributed to the expansion of tolled roads and a rise in their usage across the country. Over the past five years, toll collection has witnessed a steady growth trajectory, climbing from ?251.54 billion in 2018-19 to ?648.09 billion in FY24. A senior official from the Ministry of Road Transport and Highways disclosed that the implementation of a satellite-based toll collection system is anticipated to further bolster revenue streams. We are currently conducting pilot tests on various stretches, and based on the feedback received, the system will be gradually rolled out nationwide, the official stated. The new satellite-based GPS toll collection system integrates the global navigation satellite system (GNSS) with automatic number plate recognition (ANPR) cameras to ensure accurate toll charges based on the distance traveled by vehicles. While ANPR offers a cost-effective solution and can be swiftly deployed, the GPS-based system necessitates a longer transition period, requiring all vehicles to be equipped with an onboard unit (OBU) or a tracking device for seamless toll deduction on national highways. As of November 2023, the total length of tolled roads in India stood at 45,428 kilometers, representing a remarkable increase from 25,996 kilometers after FY19, marking a notable surge of 74.7%. The adoption of advanced toll collection technologies not only aims to streamline revenue collection but also seeks to enhance the overall efficiency of the country's transportation infrastructure, ensuring a smoother and more cost-effective travel experience for commuters nationwide.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?