Road Ministry to Award Rs.3 Lakh Crore in Contracts in 3 Months
ROADS & HIGHWAYS

Road Ministry to Award Rs.3 Lakh Crore in Contracts in 3 Months

India's Road Transport and Highways Ministry is set to award contracts exceeding ?3 lakh crore within the next three months. This significant move aims to accelerate infrastructure development and boost the country's road network.

The planned contracts cover a broad spectrum of road projects, including the construction of highways, expressways, and other critical infrastructure. The initiative is expected to enhance connectivity, reduce travel times, and support economic growth by improving transportation efficiency across the country.

Union Minister Nitin Gadkari highlighted that this aggressive push is part of a broader strategy to address road infrastructure deficiencies and facilitate smoother transportation. By awarding these contracts promptly, the ministry aims to generate substantial employment opportunities and stimulate growth in the construction and related sectors.

The swift award of these contracts is also expected to bolster investor confidence and attract further investment in India's infrastructure development. The move underscores the government's commitment to upgrading the nation's road infrastructure and achieving key milestones in national development plans.

Overall, this ambitious plan reflects a proactive approach to infrastructure enhancement, aiming to significantly improve India's road network and contribute to the country's economic advancement.

India's Road Transport and Highways Ministry is set to award contracts exceeding ?3 lakh crore within the next three months. This significant move aims to accelerate infrastructure development and boost the country's road network. The planned contracts cover a broad spectrum of road projects, including the construction of highways, expressways, and other critical infrastructure. The initiative is expected to enhance connectivity, reduce travel times, and support economic growth by improving transportation efficiency across the country. Union Minister Nitin Gadkari highlighted that this aggressive push is part of a broader strategy to address road infrastructure deficiencies and facilitate smoother transportation. By awarding these contracts promptly, the ministry aims to generate substantial employment opportunities and stimulate growth in the construction and related sectors. The swift award of these contracts is also expected to bolster investor confidence and attract further investment in India's infrastructure development. The move underscores the government's commitment to upgrading the nation's road infrastructure and achieving key milestones in national development plans. Overall, this ambitious plan reflects a proactive approach to infrastructure enhancement, aiming to significantly improve India's road network and contribute to the country's economic advancement.

Next Story
Infrastructure Transport

Odisha to Get Kharagpur-Visakhapatnam Expressway Soon: Minister

A new greenfield highway connecting Kharagpur in West Bengal and Visakhapatnam in Andhra Pradesh, passing through Odisha, is set to be constructed soon. This expressway is poised to become a vital logistics corridor, enhancing high-speed transportation in the region. Works Minister Prithviraj Harichandan shared that preliminary preparations for the project have already commenced. He emphasised that the expressway would play a crucial role in the Gati Shakti Framework of the Central government, describing it as a groundbreaking initiative in road construction for Odisha. Greenfield roads typi..

Next Story
Infrastructure Urban

LTTS wins project to develop smart cities in Colorado USA

Mid-sized Indian IT services company L&T Technology Services (LTTS) announced on Monday a strategic partnership with the Colorado Smart Cities Alliance (CSCA) to develop smart city projects across Colorado by integrating innovation and technology. In a regulatory filing, LTTS stated that the collaboration would utilize its advanced engineering expertise to support CSCA's mission of enhancing urban living and creating sustainable ecosystems through smart city solutions. The partnership aims to develop sustainable, efficient, and technologically advanced communities by pooling resources and exp..

Next Story
Infrastructure Transport

Bengaluru Metro to Expand to 175 km by 2026, Boosting Urban Mobility

Bengaluru’s metro network is set for a major expansion, aiming to extend its total length to 175 km by 2026. This ambitious project is part of the Namma Metro initiative, designed to improve connectivity across the city, alleviate traffic congestion, and promote sustainable urban mobility. The expansion involves constructing new metro corridors, such as the Purple Line and the Outer Ring Road-Airport Line, which will link major city hubs, commercial centres, and residential areas. This development is expected to enhance accessibility for commuters throughout Bengaluru. A key highlight of t..

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