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India building new roads at breakneck pace, may set $15 billion record

Varun

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India has awarded road contracts at a “breakneck pace” in 2018, raising the prospect that orders will reach a record this financial year, according to IIFL Wealth Management Ltd., the nation’s largest money manager for the rich by assets.

Orders from the National Highway Authority of India may cross Rs 1 trillion ($15.3 billion) in the 12 months through March, climbing from Rs 600 billion a year ago, Alok Deora, a Mumbai-based infrastructure research analyst at IIFL Wealth Management estimated in a phone interview.

“Going by the tender pipeline, the breakneck pace of NHAI order flows is likely to continue in the next financial year,” he said.

NHAI is at the center of Prime Minister Narendra Modi’s ambitious Bharatmala plan to spend $106 billion on 83,677 kilometers of road construction by 2022 to boost economic growth and employment.

Contract awards were in the slow lane till December, meeting just over a tenth of a the full-year target of 10,000 kilometers, due to delays in land acquisition and the roll-out of a nationwide sales tax.

Dilip Buildcon has bagged the largest number of projects tendered this quarter, worth about Rs 107 billion, Deora said. Other big beneficiaries include Sadbhav Engineering Ltd., Ashoka Buildcon Ltd. and MEP Infrastructure Developers Ltd., he said.

NHAI is likely to award more than 7,000 km of road contracts, about 60 percent more than last year, Deora said.

Modi’s record on meeting his government’s infrastructure targets and on job creation will prove crucial going into federal election in 2019, giving the administration a platform to highlight its economic credentials.

https://timesofindia.indiatimes.com...illion-record-expert/articleshow/63547140.cms
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I hope they are also mandating the installation of Fastag on all toll booths constructed on these stretches.
 
$106 billion budget for the scheme, that's a lot. Still better than building statues, so sounds good.
 
So where are all these roads being built? All over India or only in the 'politically important ' states?

The roads in India's financial capital, Mumbai, were shambolic the last time I visited.
 
gani999 said:
So where are all these roads being built? All over India or only in the 'politically important ' states?

The roads in India's financial capital, Mumbai, were shambolic the last time I visited.
Click to expand...

The roads in all cities are a wreck.

I believe this article talks about NHAI projects - so national and state highways.
 
More important than these roads, I'm waiting for the Freight corridor to come online - I saw construction in full swing all along the Bombay-Gujarat rail lines. Once the freight corridor is operational, you are going to see a massive change in transport and transit times in India.
 
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gani999 said:
So where are all these roads being built? All over India or only in the 'politically important ' states?

The roads in India's financial capital, Mumbai, were shambolic the last time I visited.
Click to expand...

only states important to them
i still can't believe bullet train between mumbai and ahmedabad
ahmedabad is no bangalore what importance does it have. chennai-bangalore or hyderbad-bangalore would have made sense for IT industry
i can only think of bias towards ruling states
 
All roads were terrible in Hyderabad and Bangalore when I last visited both cities less than an year ago. Feel sorry for the commuters.

Roads were narrow and broken. Pot holes every where.

India needs 2 things urgently. Population control and friggin roads.
 
babloos said:
only states important to them
i still can't believe bullet train between mumbai and ahmedabad
ahmedabad is no bangalore what importance does it have. chennai-bangalore or hyderbad-bangalore would have made sense for IT industry
i can only think of bias towards ruling states
Click to expand...

Any idea about the daily traffic between Mumbai and Ahmedabad.
 
Was watching a report that all Indian's from rural places are moving to the city. if so what is gonna become of rural India?
 
PakLFC said:
Was watching a report that all Indian's from rural places are moving to the city. if so what is gonna become of rural India?
Click to expand...

Obviously it's all going to be emptied out in a few years time!
 
Varun said:
The roads in all cities are a wreck.

I believe this article talks about NHAI projects - so national and state highways.
Click to expand...

Delhi and Chandigarh have much better road network.

Mumbai is a national embarrassment infrastructure wise.

Bangalore and Hyderabad are still glorified villages.
 
gani999 said:
So where are all these roads being built? All over India or only in the 'politically important ' states?

The roads in India's financial capital, Mumbai, were shambolic the last time I visited.
Click to expand...

troodon said:
All roads were terrible in Hyderabad and Bangalore when I last visited both cities less than an year ago. Feel sorry for the commuters.

Roads were narrow and broken. Pot holes every where.

India needs 2 things urgently. Population control and friggin roads.
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Nitin Gadkari is the best minister in Modi government.. These roads are actually Highways and not city roads.. City roads are pathetic everywhere however highways are amazing throughout India... If only all the ministers and state leadership was just as good we would have been in a much better position..
 
big_gamer007 said:
Nitin Gadkari is the best minister in Modi government.. These roads are actually Highways and not city roads.. City roads are pathetic everywhere however highways are amazing throughout India... If only all the ministers and state leadership was just as good we would have been in a much better position..
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The worst ministers are Jai Italy and Kadi Ninda Singh.
 
Have to give it to Gadkari, though I am critical of NDA, he has been one of the best ministers.
aboveandbeyond said:
How come the millions living in slums can't be provided suitable living accommodations
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Therr are talks of Relocation in Dharavi slums under a project by Adani but it is undergoing issues due to land acquisition
 
aboveandbeyond said:
How come the millions living in slums can't be provided suitable living accommodations
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They don’t want to leave..multiple times governments have tried but the leftists protests and they themselves don’t want housing in different locations.
Modi did this near Sabramati but Gujrat was pro corporation , Mumbai will never be able to do this due to protests and riots, same situation with Kolkata.

There is a very interesting paper on this as well, the conclusion below clearly states there needs to be some cost spending, and for all his issues Adani was ready to spend that money but government opposition will oppose him.

 
@Bhaijaan for years in Chennai …I guess Chennai just doesn’t advertise much
 

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HalBass9 said:
It appears to be a standard circular bridge that even an entry level engineer or architect could design without difficulty. Am I overlooking something?
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Bro - it's good for Ind. You cant compare Ind to China Europe or US. Still Ind infrastructure is way way inadequate. Ind infrastructure still has a long way to go. So much corruption there - even if the top ministers are good the rest are so damn corrupt and everyone has to be fed. And honestly, China is on a different plane altogether here. They actually built the total US freeway/highway road network length completely new in China in just the past 20 years. An entire America's freeway ( aka controlled access highway ) network built brand new !

List of countries by road network size - Wikipedia

en.wikipedia.org en.wikipedia.org
 
moghul said:
Hope USA follows India, roads and bridges are in bad shape here in USA and we are spending hundreds of billions in occupying other countries.
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Roads are fine. Its those darn airports. They looks so old and stinky sometimes.
 
JaDed said:
They don’t want to leave..multiple times governments have tried but the leftists protests and they themselves don’t want housing in different locations.
Modi did this near Sabramati but Gujrat was pro corporation , Mumbai will never be able to do this due to protests and riots, same situation with Kolkata.

There is a very interesting paper on this as well, the conclusion below clearly states there needs to be some cost spending, and for all his issues Adani was ready to spend that money but government opposition will oppose him.

Click to expand...

Reality of the Poor.

www.theguardian.com

‘Ashamed of our presence’: Delhi glosses over plight of poor as it rolls out G20 red carpet

Schools, offices, markets and restaurants have been ordered to close for three days as the city is cleaned up ahead of the arrival of world leaders
www.theguardian.com www.theguardian.com
 
It doesn't matter how much infrastructure is poured into India. Till the population is controlled, India will always be looking down the barrell.
 
The TFR is actually going down so things are expected to improve .However at the same time, the urban population is set to explode as more people from rural areas come. The main problem is bureaucracy and red tape which slows everything down
 
aboveandbeyond said:
Reality of the Poor.

www.theguardian.com

‘Ashamed of our presence’: Delhi glosses over plight of poor as it rolls out G20 red carpet

Schools, offices, markets and restaurants have been ordered to close for three days as the city is cleaned up ahead of the arrival of world leaders
www.theguardian.com www.theguardian.com
Click to expand...
Then they shouldn't oppose relocating. Can't oppose it and then moan the government isn't doing anything. The government shouldn't even pay for it considering the slums are illegally built. However for the sake of improving their lives as well as a multitude of other factors like security, better land usage - relocation is necessary.
 
HalBass9 said:
It appears to be a standard circular bridge that even an entry level engineer or architect could design without difficulty. Am I overlooking something?
Click to expand...
Yes. It's a standard - nothing out of the ordinary in any first world nation (perhaps could have been in 2000s), but aside from the main metropolitan cities , you rarely see such bridges in Indian cities. However nowadays, they are being built in Tier-2 and even Tier-3 cities also.
 
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