Skip to main content

India’s transport upgrade programme being planned

India is setting its sights on a huge programme of works to upgrade its transport network. The Indian Government has plans to allocate a massive US$58.17 billion to develop transport systems within the country. Road and highways will be amongst the transport systems benefiting from the investment. Some 2,000km of coastal highways will be developed under the plans, along with a series of other highway projects commencing. $2.2 billion is being invested in upgrading 1,253km of roads in Assam. These roads will
February 6, 2017 Read time: 1 min
India is setting its sights on a huge programme of works to upgrade its transport network. The Indian Government has plans to allocate a massive US$58.17 billion to develop transport systems within the country. Road and highways will be amongst the transport systems benefiting from the investment. Some 2,000km of coastal highways will be developed under the plans, along with a series of other highway projects commencing. $2.2 billion is being invested in upgrading 1,253km of roads in Assam. These roads will be improved so that they meet the standards required to be reclassified as National Highways.

Related Content

  • India's rural road upgrades
    March 22, 2012
    The Indian Highways Ministry has plans to construct new roads in under-developed areas of the country. A budget of some US$3.19 billion is envisaged for the work required over the coming five year period.
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.