Roads and Highways Industry Outlook

Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings, discusses the various aspects of the Roads and Highways industry, including Budget Allocations and Expenditures, Institutional Initiatives, Challenges in Land Acquisition, E-tolling, Policy Support, Qualitative Reforms in Project Reports, and Promoting Growth of the Private Sector.

The infrastructure sector is the prime mover of the economy which contributes to faster economic growth and development. Road transport forms an integral part of the infrastructure system. In India, road transport is the dominant mode of transport, both in terms of traffic share and contribution to the national economy.