Skip to main content

India intends investing in infrastructure in future

The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety
January 19, 2015 Read time: 1 min
The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety measures.

Related Content

  • New Zealand announces massive infrastructure development programme
    January 30, 2020
    New Zealand’s massive infrastructure development programme has a key focus on transport improvements.
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
  • The IRF India Regional Conference is seeing its 9th edition this year
    July 7, 2015
    The IRF Geneva said that India has the dubious distinction of claiming the highest number of fatalities by road crashes. More than 10% of road-related deaths occur in India alone, and this poses a serious challenge, being the major killer of young and productive lives. While India’s infrastructure programme is being lauded all over the world and high rate of growth has been achieved for the 1.25 billion strong democracy, a significant 3% of the GDP is lost every year due to the uncontrolled and unmanaged
  • India spending on improving safety of roads
    January 14, 2016
    The Indian Government is looking to upgrade its road links and also improve the condition of many road links right across the country, with a view to improving safety, as well as transportation. A series of infrastructure plans are being implemented, aimed at improving road conditions in the country. India’s Ministry for Road Transport and Highways is keen to improve road safety and reduce the fatality rate in the country. The Indian Government is establishing a Road Safety Authority that is being charged