Roads and highways are one of the most significant part of any country’s
infrastructure sector, and are also used as an indicator to validate any
country’s economic prosperity. Roads and highways are used by passenger traffic
and freight traffic for transportation purpose. India roads and highways market
grew at a significant pace over the past few years, owing to increasing focus of Government of India
towards better infrastructure of roads and highways network for public and
freight transportation. Moreover, implementation of government programmes such
as, Pradhan Mantri Gram Sadak Yojana (PMGSY) is aimed at enhancing connectivity
of rural regions in India. Furthermore, implementation of hybrid annuity model
in Public Private Partnership projects in roads and highways sector in the
country, is further anticipated to increase participation of project developers
in the bidding process, which is further forecast to drive India roads and
highways market during the forecast period.
According to “India Roads & Highways Market By Type, Competition
Forecast & Opportunities, 2011-2025”, the market for roads and highways in
India is forecast to exhibit a CAGR of 36% during 2016-2025, on account growing
requirement for better transportation. Roads and highways can be categorized on
the basis of type into road, highway and expressways. Over the past few years,
highways accounted for lion’s share in India roads and highways market owing to
major investments in this segment. However, expressways are expected to
dominate the roads and highways market in India during the forecast period, on
account of upgradation of state highways and national highways with length over
1000 km into expressways to drive huge investments in expressways development. Moreover,
north India dominated the roads and highways market in 2015 and is further
expected to continue its dominance through 2025, owing to growing urbanization,
and increasing investment in improving the road and highways infrastructure. “India Roads & Highways Market By Type, Competition
Forecast & Opportunities, 2011-2025” discusses the following aspects of roads and highways sector
- India Roads and Highways
Market Size, Share & Forecast
- Segmental Analysis - By Type (Roads, Highways and
- Changing Market Trends &
- Competitive Landscape &
Why You Should Buy This
- To gain an in-depth
understanding of roads and highways sector in India.
- To identify the on-going
trends and anticipated growth in the next five years.
- To help industry consultants
and project developers align their market-centric strategies.
- To obtain research based
business decisions and add weight to presentations and marketing material.
- To gain competitive
knowledge of leading market players.
- To avail 10% customization
in the report without any extra charges and get the research data or trends
added in the report as per the buyer’s specific needs.
information contained in this report is based upon both primary and secondary
research. Primary research included interaction with roads and highways project
developers and industry experts. Secondary research included an exhaustive
search of relevant publications like company annual reports, financial reports
and proprietary databases.