Driven by strong growth in medium and heavy commercial vehicle (M&HCV) along with an increase in the wholesale price index (WPI), toll collections are likely to witness significant growth in FY2020.
Tag: Rajeshwar Burla
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Opportunities galore, but targets ambitious
With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
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The Sweet Spot
While the road sector is arguably in a sweet spot, land acquisition is unquestionably the biggest hurdle afflicting roads development.
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Sizeable Opportunities
The overall cost of expansion of the operational and approved metro projects under implementation is over Rs 2.5 lakh crore, and another Rs 2 lakh crore worth projects are in various stages of approval and are likely to come up for bidding in the next five years