National Roads and Highways Summit-2018

The 5th edition of the National Roads & Highways Summit, a flagship event of the PHD Chamber of Commerce will be held on 5 July at PHD House, New Delhi.

Robust demand, higher investments, attractive opportunities and policy support, are driving the fast-paced development of roads and highways across the country, and the sector is set to grow exponentially. Road contracts are being awarded at a "breakneck pace”, raising the prospect that orders will reach a record this financial year. Orders from the National Highway Authority of India are likely to cross ₹1 lakh crore in the last 12 months, up from ₹60,000 crore a year ago.

The Union Minister of State for Road, Transport and Shipping, Mr. Nitin Gadkari, has stated that the Government aims to boost corporate investment in roads and shipping sector, and introduce business-friendly policies and strategies to attract investor interest, and bring profitability along with efficient project execution. The Ministry has been addressing key issues such as stalled projects and bringing in new business models.

The Summit will seek to better understand these activities of the government and their impact on related sectors such as the Construction Equipment industry. It will pursue ongoing discussions on the Roads & Highways sector, and as a way forward, identify gaps in implementation of policies, and find solutions to challenges in implementation of the road development projects.

The Summit will see participation by senior officials of the central and state Governments, senior industrialists, technology providers, investors, policy makers, thought leaders, financial institutions, and stakeholders from the CE industry.

National Roads and Highways Summit-2018

The Road Ahead

The Government plans to develop a total of 66,117 km of roads under different programmes such as National Highways Development Project (NHDP), Special Accelerated Road Development Programme in North East (SARDP-NE) and Left-Wing Extremism (LWE). It has identified development of 2,000 km of coastal roads to improve connectivity between ports and remote villages.

The National Highways Authority of India (NHAI) plans to build 50,000 km of roads by 2022 as part of a long-term goal of doubling the length of the national highway network to 200,000 km. The Government plans to spend around ₹1 lakh crore during FY 18-20 to build roads in the country under Pradhan Mantri Gram Sadak Yojana (PMGSY), and will invest ₹7 trillion for construction of new roads and highways over the next five years.

Says Mr. Ashish Mohan Wig, Chairman - Roads, Ports & other Infrastructure Committees, PHDCC (also Managing Director, Wig Brothers (India), “PHDCC is playing a stellar role by addressing the issues and challenges in the Roads & Highways sector through the Summit over the last four years as we believe that connectivity through roads, rail and waterways is vital for a stable GDP growth of the country.”

He adds, “The Roads & Highways sector is the ‘lifeline’ of the country as it connects people, towns, villages and cities in every corner of the country. Under the proactive leadership of Mr. Gadkari, the country is seeing roads, highways, tunnels and bridges being built even in the most difficult of terrains. So, we are very positive that the ongoing and future developments in roads and highways will open up a lot of business opportunities for all the stakeholders, especially in the Construction Equipment industry. At the same time, the CE industry must also come together to take forward the good work being done by the ministry and bring their best machines, technical expertise, and knowledge for efficient and timely completion of the projects.”
Click Here
To Know More or to Contact the Manufacturer
Please let us know your name.
Invalid Input
Please let us know your Designation.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.
Our other Value-Added Services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Invalid Input
Invalid Input
Invalid Input
As humanity reeled under the onslaught of Covid-19 and the resultant uncertainty, the world applauded the millions of essential services workers who toiled tirelessly at great risk to their personal health

Read more ...

Despite the pandemic, Changsha International Construction Equipment Exhibition (CICEE 2021) became a huge success with 1,450 exhibitors showcasing their products and technologies on an exhibit area

Read more ...

In an online event, GHH India along with its mining contracting subsidiary, GHH Bumi Mining Service, was awarded ‘Best Performing Business Partner’ by Vedanta Group/Hindustan Zinc Ltd (HZL)

Read more ...

In order to fully implement General Secretary Xi Jinping’s instruction on "building Hunan into a nationally advanced, important highland of manufacturing industry" during his inspection of the Hunan province

Read more ...

Over the years, the IEE Expo has positioned itself strongly as a networking and sourcing platform for elevator and escalator industry professionals, and where buyers can witness the latest technologies and conveniences

Read more ...

Government of India’s ambitious ₹111 lakh crore National Infrastructure Pipeline (NIP), which has already been announced and actioned upon, augurs very well for enabling sectors such as the Indian Construction Equipment

Read more ...

bauma CONEXPO INDIA - north India’s leading International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles - has been rescheduled from 3-6 November 2020

Read more ...

INTRALOGISTICA ITALIA is the only exhibition with a comprehensive offer dedicated to the most innovative solutions and integrated systems for industrial handling, warehouse management, materials storage and picking

Read more ...

The Indian Concrete Institute, Goa Centre, in association with Ultratech Cement Limited organized the 9th ICI-Ultratech Awards Nite on 19th February 2020 at Hotel Fidalgo, Panjim Goa. The annual event was attended by nearly 250 invitees

Read more ...

The Indian Concrete Institute in association with Dayananda Sagar College of Engineering organized a one-day seminar on Geopolymer Concrete Applications: Challenges and Opportunities. In this fast-developing world, it has become

Read more ...

Conexpo 2020 was held as scheduled on March 10, 2020 in Las Vegas, USA. Established Chinese construction equipment enterprises like XCMG, Zoomlion, Sany, LiuGong, Shantui, Sunward, and many more once again demonstrated the strength

Read more ...

Multiple construction and construction materials industry segments unveiled new technologies and products, shared knowledge, networked with industry peers and bought equipment at the CONEXPO-CON/AGG & IFPE 2020, held at the Las Vegas

Read more ...

In line with its strategy to enhance customer experience with minimal downtime of elevators & escalators, and for swift deliveries of spares, KONE has opened a new warehouse at Andheri in Mumbai that houses more than 2000

Read more ...

The 45th edition of World of Concrete for the concrete & masonry industries drew about 54,000 registered professionals to the Las Vegas Convention Center and featured 1,310 companies (including 255 brand new companies) exhibiting

Read more ...

Once a year, the specialist group meets in January to discuss operational issues and projects for the current year. In economic terms, the industry is still at the record level of 2018, and its sales in 2019 will match the previous

Read more ...

Mahendra Singhi (Managing Director & CEO – Dalmia Cement (Bharat) Limited) and Nilesh Narwekar (CEO – JSW Cement) have been elected as the Chair and Co-chair, respectively, of the GCCA India to provide strategic direction

Read more ...

The 2nd Edition of iCEMA Conclave organized by Indian Construction Equipment Manufacturers Association, deliberated on new avenues of construction equipment financing, challenges and measures. NBM&CW reports.

Read more ...

The Indian Concrete Institute, Goa Centre, organized a One Day Workshop on “Recent Advances in Waterproofing Technologies” on 16th January 2020 at Metropole Hall, Hotel Nanutel, Margao Goa, under the aegis of Indian Concrete Institute

Read more ...

At Greenbuild India hundreds of green building and sustainability professionals discussed LEED and green building practices that help deliver a more sustainable future. The U.S. Green Building Council (USGBC) held the third

Read more ...

The Construction Chemicals Manufacturers Association (CCMA) hosted the 7th edition of International Construction Chemicals Conference at Hotel Taj Lands End in Mumbai. The theme was “Role of construction chemicals in infrastructure

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.