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Indian road sector: Highway of economic growth

Indian road sector: Highway of economic growth

National highways play a vital role in social and economic integration. National highway plays a vital role in the social and economic integration and development of the country. Total budgetary spending in the road sector has increased by more than eight times to Rs.2.6 trillion in FY2023BE over FY2014 at a CAGR of more than...

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Hit by the HAMmer

Hit by the HAMmer

The Hybrid Annuity Model (HAM) unveiled with great fanfare earlier this year was expected to set off the next wave of award of PPP highway projects. The intent and purpose of introducing HAM, as a hybrid of EPC and BOT (annuity) formats, was noble and deserves to be lauded: to moderate risks faced by highway developers and to provide financial support during construction.

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Seeking Stable Ground

Seeking Stable Ground

From 3 km per day to 30 km per day from 2016 looks to be a tall order for the road construction in the country. While the current numbers still present a slow pace of development, the government is hopeful to make amends soon.

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Building Bridges

Building Bridges

There have been several technology achievements in bridge design and construction in India over the past decade. Indian engineers, contractors and bridge designers have developed several state-of-the-art construction

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Versatile Road Sweeper

Versatile Road Sweeper

It is highly essential to keep the roads and roadsides spic and span. Cleaner roads are safer roads. Maintaining a clean road involves the removal of litter and removal of leaves from the roads.

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Good Neighbours

Good Neighbours

India and China have drawn up massive plans for infrastructure upgradation. There are a number of areas where the neighbours can collaborate for a win-win situation. The road is set as China has shown keen interest in participating

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