Ministry of Road Transport and Highways

January 10, 2025 2:35 PM

India’s National Highways see 60% growth in a decade, becoming world’s second largest network

India’s National Highway network has grown by 60% over the past decade, expanding from 91,287 km in 2014 to 146,195 km by 2024, as per the Ministry of Road Transport and Highways (MoRTH). In addition, high-speed corridors have surged from 93 km to 2,474 km, significantly enhancing road connectivity across the nation. Externally Aided Projects, funded by the World Bank, JICA, and ADB, have made remarkable progress, with 2,540 km completed out of the planned 3,105 km as of November 30, 2024. T...

January 10, 2025 8:46 AM

India’s National Highways record 60% growth in last 10 years to become 2nd largest network in world

The length of India’s National Highway network has surged by 60 per cent in the last 10 years from 91,287 km in 2014 to 146,195 km in 2024, making it the second largest road network in the world, according to the year-end review of the Ministry of Road Transport and Highways released on Thursday. In a landmark achievement, National High-Speed Corridors have also increased from a mere 93 km in 2014 to 2,474 km in 2024 which reflects the quantum improvement in the country’s infrastructure. T...

September 16, 2024 6:37 PM

For road transport operators, revenue growth expected to double to 9-11% this year

India's road transport fleet operators are set to witness a substantial boost in revenue growth, with projections suggesting it could double to 9-11 percent in the current financial year 2024-25, according to a report by Crisil Ratings. The rating agency's estimates are underpinned by improved domestic demand, despite tepid exports. Additionally, operating margins are anticipated to improve due to better fleet utilization and steady fuel costs. Crisil's analysis indicates that the credit profi...