Highways connect cost-effectiveproduction hubs to profitable markets, fostering efficient trade routes and benefiting economies.
The World Bank View
Even a 1% rise in logistics cost can lead to a 4.5% reduction in goods transported.
How Highways are Developing India?
When highways are built, stores and factories pop up nearby. They use inexpensive materials and hire people, boosting the local economy.
Rural India Shining
Highways benefit rural India, connect farmers & businesses to urban markets, expands job opportunities, increase income, & improve access to education.
Seaport Connection Boosts Efficiency
India depends on seaports for 70% of its global cargo transport. Highways connect inland warehouses to distant seaports efficiently, minimising expenses.
Vitality of Connectivity
NH 48 links Delhi to Chennai through Mumbai, while SH 49A connects Chennai to Ennore Port. This vital seaport-highway link aids exports to global markets.
Ease of Access to Rural India
Delhi-Mumbai expressway not only connects these two cities but also links the places it passes through. This ease of access attracts businesses to those places.
The Golden Chance
Golden Quadrilateral project: From the time construction began, districts along this highway saw a 50% surge in output over the following decade.
The Multiplier Effect
NH-8 in Gujarat led to a 40% increase in village school enrollment, highlighting highways' multi-fold impact and igniting economic growth.
The History Created
In the last 8 years, India added 50,000 kilometres of national highway, nearly double to what it did in the eight years before.
The Upcoming Project
Only 2% of India’s road network is NHs, but carry 40% of the inland cargo. Therefore, through projects like Bharatmala, the government wants to improve our road network.
Trivia
If infrastructure were a central government department, it would have the third-biggest budget after the finance and defence ministries.