DUBLIN, Nov 16, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "India Roads and Highways Sector, By Type (Roads, Highways, Expressways) Opportunities & Forecast, 2025" report to their offering.
The market for roads and highways in India is forecast to exhibit a CAGR of 36% during 2016-2025, on account growing requirement for better transportation. Roads and highways can be categorized on the basis of type into road, highway and expressways. The India roads and highways market grew at a significant pace over the past few years, owing to increasing focus of Government of India towards better infrastructure of roads and highways network for public and freight transportation. Over the past few years, highways accounted for lion's share in India roads and highways market owing to major investments in this segment. However, expressways are expected to dominate the roads and highways market in India during the forecast period, on account of upgradation of state highways and national highways with length over 1000 km into expressways to drive huge investments in expressways development. Moreover, north India dominated the roads and highways market in 2015 and is further expected to continue its dominance through 2025, owing to growing urbanization, and increasing investment in improving the road and highways infrastructure. Companies Mentioned:
GMR Infrastructure Limited
Hindustan Construction Company Ltd
IRB Infrastructure Developers Ltd.
Jaiprakash Associates Limited
Reliance Infrastructure Limited
Simplex Infrastructure Limited
Key Topics Covered: 1. Sector Overview 2. Research Methodology