The road transport and highways ministry is in the process of awarding 7,500 km of new highways projects, with an investment of Rs 3.1 trillion, as part of the second phase of Bharatmala Pariyojana. The projects include six expressways of 2,250km, with an investment of Rs 1.45 trillion and 16 greenfield corridors of 5,250 km at Rs 1.65 trillion. Construction has been initiated on three corridors, which will include the Delhi-Mumbai expressway, Trans Rajasthan and Trans Haryana and will be completed by 2022.
The ambitious target of constructing 15,000 km of National Highways by 2020 will mean a colossal consumption of aggregates, estimated to be about 150 million tonnes, even though National Highways constitute only 2% of the total road network. Though construction of roads is necessary for a growing economy, it is also necessary to curb exploitation of natural resources and reduce emission of greenhouse gases during construction. To make this happen, it will be essential to recycle and reuse bituminous materials, using milling technologies.
The increase in the number of construction activities around the globe leads to development, which is a never-ending process. The constant construction activities in every part of the globe increases the demand for construction equipment, not only in terms of volume but also to innovate and evolve. Manufacturers are constantly innovating and bringing innovations to markets of all sizes and types. Additionally, mobility solutions have also been keeping pace as construction equipment continues to evolve.
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INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability