Nitin Gadkari calls for US investments in roads and highways
ROADS & HIGHWAYS

Nitin Gadkari calls for US investments in roads and highways

Union Minister for Road Transport and Highways, Nitin Gadkari has called for investors from the US to come forward and invest in road and highway projects in India. At the 19th Indo-US Economic Summit of The Indo-American Chamber of Commerce, he said that the United States of America and India are prominent democracies of the World with strong bilateral relations. Both countries have always shown mutual trust, respect and cooperation on the social, economic and strategic front. The theme chosen this year- “The New Agenda for next 25 years”, will set the roadmap for strengthening our relationship, he added.

Gadkari emphasised that road infrastructure plays a critical role in the growth of the Indian economy as 70 per cent of goods and nearly 90 per cent of passenger traffic uses the road network to commute. At present, this Network has reached around 1.47 lakh Km. The government is dedicatedly working towards expanding the National Highway network to 2 lakh km by 2025, he added.

The Minister said that the country is bringing innovative and investor-friendly frameworks like InvIT to allow retail investors to participate in the funding drive so that retail investors can get good Annual Returns which are more than the Fixed Deposit rates.

Also Read
Gadkari seeks railway connectivity to JNPT to reduce container traffic
NHAI to bear 80% land acquisition cost of Pune’s ring road

Union Minister for Road Transport and Highways, Nitin Gadkari has called for investors from the US to come forward and invest in road and highway projects in India. At the 19th Indo-US Economic Summit of The Indo-American Chamber of Commerce, he said that the United States of America and India are prominent democracies of the World with strong bilateral relations. Both countries have always shown mutual trust, respect and cooperation on the social, economic and strategic front. The theme chosen this year- “The New Agenda for next 25 years”, will set the roadmap for strengthening our relationship, he added. Gadkari emphasised that road infrastructure plays a critical role in the growth of the Indian economy as 70 per cent of goods and nearly 90 per cent of passenger traffic uses the road network to commute. At present, this Network has reached around 1.47 lakh Km. The government is dedicatedly working towards expanding the National Highway network to 2 lakh km by 2025, he added. The Minister said that the country is bringing innovative and investor-friendly frameworks like InvIT to allow retail investors to participate in the funding drive so that retail investors can get good Annual Returns which are more than the Fixed Deposit rates. Also Read Gadkari seeks railway connectivity to JNPT to reduce container traffic NHAI to bear 80% land acquisition cost of Pune’s ring road

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code