Market Analysis on India Road & Highways Sector Opportunity 2015

Market reports on India presents the latest report on “Market Analysis on India Road & Highways Sector Opportunity 2015” http://www.marketreportsonindia.com/industry-mfg-market-research-reports-13389/india-road-highways-sector.html The report provides India's road network at a primary level includes national highways while the secondary system is made up of state highways and major district roads.

13th Nov 2015, – Navi   Mumbai, India: Market reports on India presents the latest report on “Market Analysis on India Road & Highways Sector Opportunity 2015”. This report also highlights India Road & Highway Sector Investment Opportunity Analysis.

India's road network at a primary level includes national highways while the secondary system is made up of state highways and major district roads. Extending the road system further are the rural and other roads apart from expressways. Of these the National Highways (NH) are handled by the central government while the state highways (SH) are in the hands of the state government. Other types of roads include the major district roads (MDR) and other district roads & rural roads that are handled by the state and local government respectively. In terms of ownership and construction the roads in India can be classified as Maintained by PWD, panchayat raj roads, JRY and PMGSY Roads, urban roads and project roads.

As of March 2015, India's network of National Highways/Expressway was about 96,214 km. The network of state highways stretched 1,47,800 km, while other roads were about 44,55,000 km out of a total of 46,99,014 km of roads and highways. National highways thus make about 2% of the total road length, the state highways about 3% with the other roads making up nearly 95%. The roads sector saw significant investment growth during the 11th FYP. Overall investment grew by 3.5 times compared to the 10th FYP, reaching INR 5.16 Lakh Crore. Roads made up about 20% of overall infrastructure investments in the 11th FYP, growing...