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No Bumps in the Road
India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.
7th India Construction Festival
Organised by the FIRST Construction Council in Mumbai on October 22, the event successfully brought together the who鈥檚 who of the infrastructure and construction industry.
NHAI plans to award Rs 2.25 lakh cr projects during FY21
National Highways Authority of India (NHAI) plans to award Rs 2.25 lakh crore worth of projects spanning around 5,000 km in the fiscal year 2021.
The Road Ahead
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.