India's Construction & Infra Push Gains Momentum
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India's Construction & Infra Push Gains Momentum

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India's Construction & Infra Push Gains Momentum

Sujith Vasudevan, Managing Editor, 0

Things are happening quick and fast in India these days. The construction and infrastructure segment is a torchbearer of this. According to the data divulged by the National Highway Authority of India (NHAI), the annual average construction of national highways has recorded an 83 percent spike compared to the pace of highway construction before the current minister, Nitin Gadkari’s time. On the other hand, the Indian Railways also depict a beautiful picture. As an excellent example of the ‘Make in
India’ success story, the Indian Railways’ first indigenous semi-high-speed train, Vande Bharat Express, has taken the country by storm. Now, the next big thing for the railways is the Chenab Rail Bridge. Built at a height of 359 m (1,178 ft) over the river, the Chenab bridge has reportedly cleared all the necessary tests and is set to be commissioned next year. The Indian engineering segment is having the time of its life, and it is getting transformed into some thing bigger in the form of opportunities.

The NHAI has now identified 19 projects that will help it step up the Centre's efforts to revive private investment in the highways sector. These projects will involve a cumulative investment of around Rs 56,000 crore to offer them in build-operate-transfer (BOT-toll) mode. These highway projects, covering around 900 km, are spread across several states, including Assam, Tamil Nadu, Maharashtra, Madhya Pradesh, and Telangana, a top NHAI official said. We think it is the right time to delve deeper into the Indian construction and infrastructure segment and bring you some interesting stories.