National Conference on Road Infrastructure - Creating Demand: Stimulating Growth

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Creation and operation of quality road infrastructure continue to be major requirements for enabling overall growth and development of India in a sustained manner. Bridging of existing infrastructure gaps and creating additional facilities to cater to the increasing population are equally important. The road sector in India has witnessed significant progress in the past four to five years. Road building in India has become the second cheapest in Asia & highway construction in the country has increased at 20.57% CAGR during FY14-FY19. India is expected to become the third largest construction market globally in the coming years.

Given the adoption of new models of implementation and the announcement of several big-ticket programmes and initiatives, the outlook for the road sector is positive.

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