Road Contracts awarded drop to less than half!

23 Feb 2024 CW Team

Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the end of January 2024, only 7,658 kms have been constructed at the rate of 28.4 kms per day. To achieve the target of 13,800 kms, the rate of construction has to rise to 102.4 kms per day! This is next to impossible, considering that 37.8 kms per day was the best record achieved at the rate of 36.5 kms per day during 2020-21 when a total of 13,327 kms were constructed during the year.

What is alarming is that the pace of awards has slackened abysmally to less than half! For instance, up to January 2024, only 3,481 kms have been awarded, while during the same time last year, 8,400 kms had been awarded.

The adverse impact of poor awards will be felt bitterly during the winter of 2024. We hope the government accelerates its actions before election dates are announced and hope again that the government that assumes power hits the ground running.

Registration for RAHSTA Expo

"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..