Top Upcoming road projects in India 202014-09-2020, 10:39:30 PM - Ad Id: 45032 - Real Estate - Mumbai - 111
India has the second biggest road organize on the planet, spanning a sum of 5.89 million kilometers (kms). Upcoming road projects in India 2020 This road organize transports 64.5 percent of all products in the nation and 90 percent of India's all out traveler traffic utilizes road system to drive. Upcoming road projects in India 2020 Road transportation has bit by bit increased throughout the years with progress in availability between urban communities, towns and towns in the nation.Upcoming road projects in India 2020 In India, offer of vehicles and development of cargo by roads is growing at a fast rate. Upcoming road projects in India 202 Highway development in India increased at 21.44 percent CAGR between FY16-FY19. In FY19, 10,855 km of interstates were developed, and the Government has set an objective for constructing 12,000 km of public expressways in FY20. In March 2020, NHAI (National Highways Authority of India) achieved the most elevated ever thruway development of 3,979 kms.In April 2020, the Government set an objective of constructing roads worth Rs 15 lakh crore (US$ 212.80 billion) in the following two years.Upcoming road projects in India 2020 Huge investments have been made in the part with absolute investment increasing multiple occasions from Rs 51,914 crore (US$ 7.43 billion) in 2014-15 to Rs 158,839 crore (US$ 22.73 billion) in 2018-19.