The new Union government shortly after taking over at the Centre has set a target of ₹30 lakh crores as investment towards transportation infrastructure covering railways, highways, airports and ports. Ministers Nitin Gadkari, Piyush Goel and Hardeep Singh Puri who are spearheading roads, railways and civil aviation, respectively, have their tasks cut out in implementing the massive infrastructure projects under the program. While Indian Railways is getting a major chunk of the outlay of ₹10-12 lakh crore, ₹9 lakh crore will go to the roads and highways and the remaining will be invested in the civil aviation sector. Transport infrastructure is expected to see a major jump of ₹25-30 trillion of capital outlay over the next five years. Construction companies will witness strong order inflows, estimated between ₹15-18 trillion. The BJP manifesto has proposed to construct 12,000 km of national highways every year until 2024. ICRA said that the target was achievable given that the length of highways constructed in 2018-19 touched 10,000 km.
📅Published on:
07 June 2019
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
