India now has 2nd largest road network in the world!

The Indian Road network is on track to reach world-class standards with wide-scale expansions and makeovers. The central government’s ‘Bharatmala’ project has helped in vigorously building a solid network of roads, highways, and expressways. India also plans to build at least 26 green expressways by 2025.

Approximately 60% of India’s cargo movement occurs by way of the road and highway system. The improved mobility provided by the expanding web of highways and expressways is expected to have a positive impact on the country’s GDP by 1.5-2%. The government has also initiated programs such as ‘Make in India’, ‘Skill India’, and ‘Digital India’ to improve the quality of life for its citizens.

The report titled “India Infrastructure Report Q3 2017” by Bank of America Securities discusses the initiatives taken by the government to boost the development of infrastructure in India.

The report also highlights major projects such as the Sagar Mala project, Eastern Dedicated Freight Corridor, and the Bharatmala project that are likely to be completed in the next four years.

The government is also building roads to connect the villages along the borders with Nepal, Bhutan, and Bangladesh in Jammu and Kashmir, Himachal Pradesh, and northeast India. Experts say that with the increasing focus on road construction and expansion of the highway network, the country’s logistics costs will further reduce.