Highway Construction Targets Lowered Despite Growth Agenda
ROADS & HIGHWAYS

Highway Construction Targets Lowered Despite Growth Agenda

In the fiscal year 2025, India's ambitious infrastructure development plans are undergoing recalibration, particularly in the realm of highway construction. Despite a post-election growth agenda, targets for highway construction are set to be revised downwards, indicating a shift in priorities or challenges encountered in implementation.

The decision to lower the targets comes amidst a backdrop of significant momentum in infrastructure development, with the government's focus on bolstering connectivity and mobility across the country. However, various factors, including economic considerations, logistical challenges, and resource constraints, appear to have necessitated a reevaluation of the initial targets.

This adjustment in highway construction goals underscores the dynamic nature of infrastructure planning and execution, where flexibility and adaptability are crucial to navigate unforeseen circumstances and optimise resource allocation. It also reflects the government's commitment to prudent fiscal management, ensuring that development initiatives remain sustainable and aligned with broader economic objectives.

While the revised targets may seem like a departure from the ambitious growth trajectory set in the aftermath of elections, they signal a pragmatic approach towards balancing developmental aspirations with practical realities on the ground. The recalibration of targets does not necessarily indicate a slowdown in overall infrastructure development but rather a recalibration of strategies to ensure optimal utilisation of resources and maximise the efficiency of project delivery.

As India continues on its path of economic resurgence and modernisation, the evolution of infrastructure development strategies will remain a critical area of focus

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

In the fiscal year 2025, India's ambitious infrastructure development plans are undergoing recalibration, particularly in the realm of highway construction. Despite a post-election growth agenda, targets for highway construction are set to be revised downwards, indicating a shift in priorities or challenges encountered in implementation. The decision to lower the targets comes amidst a backdrop of significant momentum in infrastructure development, with the government's focus on bolstering connectivity and mobility across the country. However, various factors, including economic considerations, logistical challenges, and resource constraints, appear to have necessitated a reevaluation of the initial targets. This adjustment in highway construction goals underscores the dynamic nature of infrastructure planning and execution, where flexibility and adaptability are crucial to navigate unforeseen circumstances and optimise resource allocation. It also reflects the government's commitment to prudent fiscal management, ensuring that development initiatives remain sustainable and aligned with broader economic objectives. While the revised targets may seem like a departure from the ambitious growth trajectory set in the aftermath of elections, they signal a pragmatic approach towards balancing developmental aspirations with practical realities on the ground. The recalibration of targets does not necessarily indicate a slowdown in overall infrastructure development but rather a recalibration of strategies to ensure optimal utilisation of resources and maximise the efficiency of project delivery. As India continues on its path of economic resurgence and modernisation, the evolution of infrastructure development strategies will remain a critical area of focus

Next Story
Infrastructure Urban

India, US to promote sustainable aviation fuel and hydrogen in buses

India and the United States have agreed to promote sustainable aviation fuel (SAF), electrification of medium and heavy-duty vehicles, and the use of hydrogen in buses, tractors, and heavy equipment. This decision came during the Strategic Clean Energy Partnership (SCEP) dialogue between US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri in Washington, DC. Both nations also encouraged increased investments in each other's clean energy markets. The joint statement emphasised the importance of a "just, orderly, and sustainable energy trans..

Next Story
Infrastructure Transport

Tuticorin Airport upgradation set for December completion

Tuticorin Airport in Tamil Nadu is undergoing a significant upgrade, with an expected completion date in December 2024. The project, valued at Rs 3.81billion, is being carried out by the Airports Authority of India (AAI) and involves the extension of the runway to accommodate A-321 type aircraft, construction of a new apron, a new terminal building, a technical block with a control tower, and a new fire station. The new terminal building, covering 17,500 square meters, will significantly enhance the airport's capacity, enabling it to serve 1,440 passengers during peak hours and handle up to 2 ..

Next Story
Infrastructure Transport

Airfare hike not tied to increased airport charges; ACI

The Airports Council International (ACI) stated that rising airfares are not linked to increased airport charges. Airport charges are crucial for infrastructure development within the commercial aviation ecosystem, but they remain a minimal part of the overall airfare. Stefano Baronci, Director General of ACI Asia Pacific & Middle East, emphasized that airports are infrastructure-intensive businesses, with costs dominated by maintaining essential infrastructure such as runways, taxiways, aprons, and terminal buildings. He noted that neglecting the capital expenditure needed to support future g..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000