India has a very ambitious road development programme and the required budgetary support from the government. The Roads & Highway Ministry has been allocated Rs 2.70 lakh crores as part of the budgetary estimates in FY 2023-24. A total of 27 expressways and access-controlled corridors are being developed with a length of about 10,000 km and at a total capital cost of about Rs 408,000 crore.
India’s construction sector holds the distinction of being the second-largest employer in the country, surpassed only by agriculture. It plays a vital role in generating employment opportunities and contributing to the national GDP. Currently, India is experiencing a remarkable construction boom, with the industry making and breaking records, and substantial investments pouring into infrastructure projects such as roads, bridges, highways, railways, buildings, and more.
IRC has played an important role in providing guidelines, standards, and manuals as per the best international standards. Presently, all road development works implemented by the Ministry of Road Transport and Highways and its implementing agencies are being executed as per IRC manuals for 2, 4, and 6-lanings and expressways. These manuals are updated as per the latest international practices and policy guidelines. The new expressway manual was published by IRC in July 2023.
Mega infrastructure projects like flyovers, elevated roads, highways, metros, bridges, tunnels, expressways, etc are redefining how we interact with our surroundings; in fact, infrastructure is intrinsically linked to everyday life and is a defining feature of modern societies.
Denne historien er fra December 2023-utgaven av Construction Week.
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Denne historien er fra December 2023-utgaven av Construction Week.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
ELEVATOR INDUSTRY GETS BOOST FROM GROWING METRO NETWORKS
The elevators and escalators industry is seeing a boom. Metro rail networks are one of the main reasons
NAVIGATING A CHANGING LANDSCAPE
How APL Apollo is adapting to meet the evolving needs of the steel tube industry
CASAGRAND CASABLANCA
The property is a sanctuary of indulgence
PURVA CLERMONT
The epitome of global living in Chembur, Mumbai
ELAN GROUP TRUSTS LEIGHTON ASIA WITH 2ND CONTRACT
Will begin work in November
MAHA GOVT SETS NEW RECORD IN INFRA DEVELOPMENT
The firm raise Rs 730 cr through its IPO
FINALLY! TWO ADDITIONAL RAILWAY LINES
With an estimated cost of Rs 2,184.02 crore
TWIN TOWERS COMING UP IN NOIDA SOON
The two towers will be juxtaposed In cosmic precision
RUSTOMJEE INTRODUCES 'VERDANT VISTAS' IN THANE
Expansive residences with uninterrupted creek views
A MEAN MACHINE
Backhoe loaders are one of the most versatile equipment, and why