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OVERVIEW
SIZE
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India has an extensive road network of 3.3 million km - the second
largest in the world
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Roads carry about 70% of the freight and 85% of the passenger traffic
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Highways/Expressways constitute about 66,000 km (2% of all roads) and
carry 40% of the road traffic
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The Government of India spends about $4 billion p.a. on road development
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The ambitious National Highway Development Project (NHDP) of the
Government is at an advanced stage of implementation. Key sub-projects under
the NHDP include:
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Program for 4-laning of about 14,000 km of National Highways is underway
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Road development is a
priority sector
India has the second largest network in the world
An annual growth of 12-15%
for passenger traffic
has been projected
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STRUCTURE
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The National Highways Authority of India (NHAI) is the apex Government
body for implementing the NHDP - all contracts whether for construction or
BOT are awarded through competitive bidding
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Private sector participation is increasing, and is through:
POLICY
The Golden Quadrilateral and NSEW projects
 OP
OPPORTUNITY
OUTLOOK
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Annual growth projected at 12-15% for passenger traffic, and 15-18% for
cargo traffic
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Over $50-60 billion investment is required over the next 5 years to
improve road infrastructure
POTENTIAL
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Road development is recognised as essential to sustain India's economic
growth
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A large component of highways is to be developed through public-private
partnerships
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Investment opportunities exist in a range of projects being tendered by
NHAI for implementing the NHDP - contracts are for construction or BOT
basis depending on the section being tendered.
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A $5 billion project plans to lay 6 lane roads over 6,500 km of National
Highways on the Design Build Finance and Operate (DBFO) basis - for high
traffic stretches of over 40,000 passenger car units (PCUs) per day.
For additional information: Department of Road Transport and Highways,
Ministry of Shipping, Road Transport and Highways (http://morth.nic.in),
National Highways Authority of India (http://www.nhai.org)
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Content Source: www.investmentcommission.in
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