India looks to boost spending on roads for 2015/16

India’s ministry of transport and highways is seeking an additional US$1.17 billion on top of a record spend for road construction and maintenance. The ministry has already earmarked nearly $11 billion for the year 2015/16. The government recently announced plans to build a new 600km highway connecting Katra with New Delhi. The route, costing around $2.25 billion, will run through Punjab, Haryana, Jammu and Kashmir states. A consultant is being selected to carry out a feasibility study for the project
September 15, 2015 Read time: 1 min
India’s ministry of transport and highways is seeking an additional US$1.17 billion on top of a record spend for road construction and maintenance.

The ministry has already earmarked nearly $11 billion for the year 2015/16.

The government recently announced plans to build a new 600km highway connecting Katra with New Delhi. The route, costing around $2.25 billion, will run through Punjab, Haryana, Jammu and Kashmir states. A consultant is being selected to carry out a feasibility study for the project.
Finance & Funding

Related Content

  • China’s Shaanxi province to boost transportation investment by 22%
    July 13, 2015
    China’s northwest province of Shaanxi plans to increase its spending on highways by 22% to nearly US$8.9 billion, according to an official statement. World Highways reported last year that Shaanxi was to spend nearly $5.8 billion in 2014. Of the total, nearly $5.8 billion has been allocated for five highway construction projects totalling 261km. Within 2015, there will be 600km of new highways in the province, raising the total highway length to over 5,000km by the end of 2015. Meanwhile, 11 new
    Read More
  • Boost for Romania’s road spending
    December 19, 2022
    A big boost for is being seen for Romania’s road spending.
    Read More
  • India investing in road infrastructure
    January 16, 2015
    The Indian Government has announced plans to build 7,300km of roads and 48 bridges. The programme is being handled by India's Ministry of Road Transport and Highways and is called the Road Requirement Plan (RRP) Phase-2. The new roads will be constructed in the so-called ‘red zone’. The project is expected to cost some US$1.72 billion, and it will include the construction of roads, highways and 48 bridges. The ‘red zone’ areas have been affected by left wing extremism, namely the Naxalites. As of January 20
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More

Highlighted Content