MoRTH plans Rs 1 trillion investment in 74 new highway tunnels

04 Sep 2024 CW Team

The Ministry of Road Transport and Highways (MoRTH) is set to invest Rs 1 trillion in the construction of 74 new tunnels, spanning 273 kilometers, as part of a large-scale initiative to enhance India's highway network, according to Union Minister Nitin Gadkari. This ambitious project will also include regular performance audits for all ongoing constructions to ensure quality.

Speaking at the second edition of the Tunnelling India conference organised by FICCI, Gadkari advocated for joint ventures in tunnel construction, where foreign partners would hold a 51% stake. This approach aims to attract serious, technically qualified players and improve work quality for tunnel projects.

Gadkari emphasised the importance of adopting advanced, cost-effective technologies tailored to India's diverse terrains while maintaining high standards. He noted that 35 tunnels, covering 49 kilometers and costing Rs 150 billion, have already been completed by the government.

(ET)

"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."

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Technology

27 Jun 2026

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Real Estate

27 Jun 2026

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..