Intelligent Transport Systems (ITS), and eco-friendly mobility -Connecting India through National Highway - Business Potential In India-Potential Investment of US$ 50-60 billion over the next five years

Potential Investment of US$ 50-60 billion over the next five years

India has the world’s second largest road network, aggregating over 3.34 million kilometers. The share of road transport in GDP is over 3.6 per cent.

The government's ambitious highway development plan has the potential to add 3% to the nation's gross domestic product (GDP) and provide 10 million jobs.

The National Highways Development Project (NHDP) is a project to upgrade, rehabilitate and widen major highways in India to a higher standard. The project was started in 1998 under the leadership of Prime Minister, Atal Bihari Vajpayee.

The NHDP represents 49,260 km of roads and highways work and construction in order to boost economic development of the country.

Major Projects

The Golden Quadrilateral - Phase I

The Golden Quadrilateral (GQ; 5,846 km) connecting the four major cities of Delhi, Mumbai, Chennai and Kolkata. This project, connecting four metro cities,Total cost of the project is Rs.300 billion (US$6.8 billion).

North-South and East-West corridors- Phase II

North-South and East-West corridors comprising national highways connecting four extreme points of the country. The North–South and East–West Corridor (NS-EW; 7,142 km) connecting Srinagar in the north to Kanyakumari in the south, and Silchar in the east to Porbandar in the west. Total length of the network is 7,142 km. Project cost was of Rs.350 billion (US$8 billion).

Connectivity of state capitals via NHDP- Phase I and II and connectivity to centres of economic importance. - Phase III
NHDP-III to upgrade 12,109 km of national highways on a Build, Operate and Transfer (BOT) basis,

Convert existing single-lane highways into two lanes with paved shoulders.- Phase IV

Widening 20,000 km of highway.

Four-lane highways will need to be upgraded/expanded to six lanes.- Phase V

Government approved for upgrade of about 5,000 km of four-lane roads.

Connect major commercial and industrial townships. constructing expressways - Phase VI

The government is working on constructing 1,000 km expressways.
Vadodara (earlier Baroda)-Mumbai section -400 Km
Expressway between Chennai—Bangalore -334 Km
Expressway between Kolkata—Dhanbad- 277 Km
The World Bank is studying this project. The project will be funded on BOT basis.

Improvements to city road networks- Phase VII

Improvements to city road networks by adding ring roads to enable easier connectivity with national highways to important cities. In addition, improvements will be made to stretches of national highways that require additional flyovers and bypasses

The government has planned to invest Rs. 16,680 Cr for this phase.
The 19 km (12 mi) long Chennai Port—Maduravoyal Elevated Expressway is being executed under this phase.

Maharastra

10 National Highway projects of 292 kms worth Rs.8,181 Crore in Solapur, Maharashtra

7 National Highway Projects worth Rs.5569 crores in Aurangabad,Maharashtra

Referance: PIB, Wiki

Government Initiatives

Launch of an ambitious National Highway Development Programme (NHDP), involving a total investment of US$ 54.1 billion up to 2012, has been established.
Starting Bharat Nirman programme that aims to cover every village of over 1000 population or over 500 in hilly and tribal areas with an all-weather road. To achieve the targets of Bharat Nirman, 1,46,185 kms of road length is proposed to be constructed by 2009.
Permitting 100 per cent foreign direct investment (FDI) under the automatic route for all road development projects.
Providing various incentives like 100 per cent income tax exemption for a period of 10 years, the National Highways Authority of India (NHAI) providing grants/viability gap funding for marginal projects; formulation of model concession agreements among others.

Intelligent Transport Systems (ITS), and eco-friendly mobility

Cooperation with Japan in the sector of highways development, administration, and monitoring with the implementation of digital technology-enabled ITS services  

India sustainable transport goals

Digital transformation in the areas of Intelligent Transport Systems (ITS), and eco-friendly mobility.