Industry Report for India Road & Highways Sector Opportunity Analysis

Bharat Book Bureau provides the report, on “Industry Report For India Road & Highways Sector Opportunity Analysis" This Report the objective of improving mobility and accessibility while reducing the cost of transportation. https://www.bharatbook.com/transportation-and-logistics-market-research-reports-731493/india-road-highways-sector.html

29th Jan 2016 Mumbai, India Bharatbook.com announces a report on “Industry Report For India Road & Highways Sector Opportunity Analysis". The government has plans to attract funding from the private sector for infrastructure projects to reduce strains on the budget.

India’s road network at a primary level includes national highways while the secondary system is made up of state highways and major district roads. Extending the road system further are the rural and other roads apart from expressways. Of these the National Highways (NH) are handled by the central government while the state highways (SH) are in the hands of the state government. Other types of roads include the major district roads (MDR) and other district roads & rural roads that are handled by the state and local government respectively. In terms of ownership and construction the roads in India can be classified as Maintained by PWD, panchayat raj roads, JRY and PMGSY Roads, urban roads and project roads.

As of March 2015, India’s network of National Highways/Expressway was about 96,214 km. The network of state highways stretched 1,47,800 km, while other roads were about 44,55,000 km out of a total of 46,99,014 km of roads and highways. National highways thus make about 2% of the total road length, the state highways about 3% with the other roads making up nearly 95%. The roads sector saw significant investment growth during the 11th FYP. Overall investment grew by 3.5 times compared to the 10th FYP, reaching INR 5.16 Lakh Crore. Roads made up about 20% of overall infrastructure investments in the 11th FYP, growing 8% from the numbers in the 10th FYP....