India continues to expand highway network

India is continuing with its progress in expanding its highway network. During the present fiscal year, the total length of new highway construction in India is anticipated to exceed 6,000km. This figure will compare well with the 2012-13 period, in which construction reached 5,700km. By 2019, the plan is to achieve a peak of 30km/day, compared with the previous peak of 16km/day. Meanwhile the average construction is expected to top 17km/day. In all total highway construction has increased from 2014, with a
January 12, 2016 Read time: 1 min
India is continuing with its progress in expanding its highway network. During the present fiscal year, the total length of new highway construction in India is anticipated to exceed 6,000km. This figure will compare well with the 2012-13 period, in which construction reached 5,700km. By 2019, the plan is to achieve a peak of 30km/day, compared with the previous peak of 16km/day. Meanwhile the average construction is expected to top 17km/day. In all total highway construction has increased from 2014, with around 1,500km of highway being built between April 2015 and December 2015.
Finance & Funding

Related Content

  • The new agile world of the construction equipment industry
    June 22, 2015
    while worldwide for 2015 a crystalball would be helpful, in Europe the sector has already listed specific priorities it wants to tackle, and among these are the upcoming emissions regulations (see separate story), external trade and access to foreign markets, and market surveillance.
    Read More
  • Engine maker Deutz dumps full-year 2015 forecast amid poor trading
    September 16, 2015
    German engine maker Deutz Group said it will not meet its forecast for the current financial year. A sluggish second quarter with “very low” new orders means revenue is expected to fall by around 20% compared with the forecasted 10% drop, according to a corporate statement. “Consequently, the second half of 2015 will be significantly worse than the first half of the year,” the statement said. “Given the low level of business, Deutz will only be just about break even in terms of EBIT this year. Unt
    Read More
  • Norway construction sector set to continue its expansion
    August 12, 2015
    Norway’s construction industry will continue to expand for five years, with investment in transport infrastructure continuing to drive growth, according to a recent report. The government’s fourth National Transport Plan 2014–2023 calls for a series of new infrastructure projects worth around US$86.5 billion. Nearly 1,300km of new trunk roads and 380km of four-lane motorway will be opened, as noted by the Norwegian Ministry of Transport and Communications The overall construction industry’s output va
    Read More
  • Hill & Smith reports strong performance
    May 17, 2016
    Hill & Smith Holdings reports a good start to the year, with trading ahead of expectations. The firm’s latest trading update runs from 1st January 2016 to 30th April 2016. The board says it is pleased to report that trading in the period has been encouraging and is ahead of the expectations that it set out at the time of reporting its 2015 preliminary results in March. Revenue for the period was £163.1 million, compared with £153.2 million for the same period in 2015. This represent a 2% organic increase
    Read More

Highlighted Content