ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Bridging the Gap
RAILWAYS & METRO RAIL

Bridging the Gap

India’s bridge infrastructure market is poised for significant growth, projected to rise from $ 42.16 billion in FY2024 to $ 68.26 billion by FY2032, registering a compound annual growth rate (CAGR) of 6.21 per cent, according to Markets & Data. This upward trajectory is bolstered by an 11.1 per cent increase in capital infrastructure spending this year, taking the total allocation to Rs 11.11 lakh crore (~$ 133 billion).

“Policy reforms and institutional frameworks have emerged as key accelerators in India’s bridge construction landscape, streamlining execution, enhancing resilience and enabling future-ready infrastructure,â€� observes Shailesh Agarwal, Partner, Risk Consulting (Infrastructure), EY India.

The impact of these developments is especially evident in the bridge construction segment, which is on the cusp of transformation. Flagship programmes like Bharatmala and Sagarmala are set to substantially expand India’s bridge network across both hinterland and coastal corridors...

To read the full article Click Here...

India’s bridge infrastructure market is poised for significant growth, projected to rise from $ 42.16 billion in FY2024 to $ 68.26 billion by FY2032, registering a compound annual growth rate (CAGR) of 6.21 per cent, according to Markets & Data. This upward trajectory is bolstered by an 11.1 per cent increase in capital infrastructure spending this year, taking the total allocation to Rs 11.11 lakh crore (~$ 133 billion).“Policy reforms and institutional frameworks have emerged as key accelerators in India’s bridge construction landscape, streamlining execution, enhancing resilience and enabling future-ready infrastructure,â€� observes Shailesh Agarwal, Partner, Risk Consulting (Infrastructure), EY India.The impact of these developments is especially evident in the bridge construction segment, which is on the cusp of transformation. Flagship programmes like Bharatmala and Sagarmala are set to substantially expand India’s bridge network across both hinterland and coastal corridors...To read the full article Click Here...

Next Story
Infrastructure Transport

MMRDA Seeks Rs 5.50 Bn Property Tax Waiver on Metro Yards and RMC Plants

The Mumbai Metropolitan Region Development Authority (MMRDA) has requested the State Urban Development Department to direct the Brihanmumbai Municipal Corporation (BMC) to waive Rs 5.50 billion in property tax levied on temporary casting yards and Ready Mix Concrete (RMC) plants set up by Metro contractors. This request follows a letter sent by the BMC in December 2024, demanding recovery of the pending dues.J Kumar Infraprojects was allotted seven plots by MMRDA across various BMC wards—H/East (Santacruz), H/West (Bandra), K/East (Andheri), P/North (Malad), and M/West (Chembur)—to establi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement