Union Minister of Road Transport and Highways, Nitin Gadkari on Monday, in an interview to ANI said that Indian road infrastructure will be comparable to America's in another two years. The minister also backed his argument that his government has ramped up spending on roads and highways over the past 10 years.
Gadkari on being asked when the face of Indian roads can completely change said," The question is not about the facelift, it has already changed. You have just watched the news reel, the main picture is yet to start. The projects in the pipeline are progressing rapidly. In another two years, you will be able to see that Indian road infrastructure will be similar to that of America."
"Some people from America met me and said our infrastructure is better than America," he supplemented. The Minister said that the good roads laid out by his government have reduced logistics costs in India, adding that it will further improve export competitiveness.
"If we raise our exports, it will improve our agricultural sector, manufacturing, and services, among all other sectors," he said. The minister said the main concern in India was the high logistics cost--16 per cent, against China's 8 per cent and the US and European countries' 12 per cent.
"Our roads were not good, our ports were not good. Traffic congestion raised costs," he said. With improved roads, Gadkari said the BJP-led government brought down the logistics costs to 9 per cent.
"This reduced cost will make us export competitive," he reiterated. Speaking of works in the offing, the minister said 25 greenfield expressways, a 3,000 km port connectivity highway, and Rs 1 lakh crore worth of roads connecting religious tourism circuits are underway.
Nitin Gadkari also spoke of connecting Buddhist circuits and Char Dhams with good all-weather roads.
"We are developing 36 tunnels between Jammu and Srinagar; 23 have been completed, and works for another 4-5 are underway," Gadkari said. "We are developing 15 ropeways under Parvatmala Yojana, besides 35 multi-modal logistics parks."Public infrastructure is the backbone of economic development, enhancing connectivity, trade, and overall quality of life. India, the world's fifth-largest economy, has made remarkable progress in infrastructure development over the past decade.
India has the second-largest road network in the world, and its National Highways span a total length of about 146,000 km, forming the primary arterial network of the country.
National highway construction pace rose 2.8 times from 12.1 km/day in 2014-15 to 33.8 km/day in 2023-24.
*With ANI InputsDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.