FCC

Infrastructure Development

2024-10-28

PPPs accelerate road growth

“Over the past decade, India’s road sector has experienced a significant transformation, fuelled by strong government backing and a surge in private-sector investment,” according to Anshumali Srivastava, Chief General Manager – Tech, NHAI. Speaking about evolution of the sector since 2014, Srivastava highlighted how the shift from solely budgetary support to PPP models has been a gamechanger. Despite increased government spending, he said the sector still has an appetite for further investment, with private players stepping in to fill the gap.

The reason for road accidents is faster roads

“While India’s road infrastructure has significantly improved with high-quality construction and advanced geometric designs, there has been an unintended rise in accidents,” said Dr Tom V Mathew, Professor and Head of Civil Engineering, IIT Bombay...