According to a senior official, MoRTH has considered plans to maintain the rate of highway development and build up to 12,500 km of highways in the current fiscal year.
Alka Upadhyaya, the secretary of MoRTH, said on Wednesday that Rs 10,000 crore would be raised in FY 2023–2024 using the Infrastructure Investment Trusts (InvITs) method, according to PTI.
The Zojila Tunnel is a strategic 13km long project in the Sonmarg area of central Kashmir, the construction of which is proceeding at a fast pace. The longest tunnel in Asia will provide all-weather road connectivity to the Ladakh region, enabling seamless military movement and ensuring uninterrupted traffic on the Srinagar-Leh Highway all year long.
On April 10th and 11th, Nitin Gadkari, Union Minister for Road, Transport, and National Highways, is scheduled to visit the Union Territories of Jammu and Kashmir, and Ladakh. Mr. Nitin Gadkari has approved the spending of Rs 1973 crore for the Srinagar-Baramulla-Uri National Highway works before his two-day trip to Jammu and Kashmir in April.
The Union Minister for Road and Transport, Mr. Nitin Gadkari, is scheduled to launch a number of road projects totaling INR 13,299 crore in Jharkhand on March 23. According to information provided by the regional office of the National Highways Authority of India (NHAI), the projects will cover a total of 752 km.
To reduce traffic in the nation’s capital, the Delhi government is anticipated to announce the start of 30 new projects, including double-decker flyovers and underpasses. According to sources, the city’s infrastructure projects will receive the largest capital outlay in the previous eight years of the AAP government. The current administration is concentrating on enhancing and beautifying the 1,400 km of roads in the city at the cost of roughly Rs 20,000 crore over ten years.
According to analysts, the average cement price in India was flat in January and only slightly increased in February as producers sought to increase volume and gain market share during the typically robust March quarter.The fourth quarter usually sees a rise in construction activity, which increases demand for cement.
Cement is one of the most important ingredients in construction material for building Infrastructures. ACC Cement is one of the country’s top brands of premium cement. The high-quality of products has garnered a positive response worldwide. Acc cement was the first phase in sustainable cement manufacturing. The company was established in 1936 with twelve production units of around 34 million tons per year. Its capacity to trade a large quantity of cement is very well-known. It has broad uses for the construction of dams, bridges, tunnels, walls, culverts, etc. It is used as concrete binding material.
UltraTech Cement Limited is a subsidiary of Aditya Birla Group established by KC Jhanwar, Director but later on overtaken by Kumar Mangalam Birla, Founder of Aditya Birla Group. UltraTech is the largest cement manufacturer in the country. The company majorly deals in various kinds of cement which include Portland Blast Furnace Slag Cement, Ordinary Portland Cement, White Cement, Portland Pozzolana Cement, Ready Mix Concrete(RMC), and various other building products. This multinational infra-giant is renowned for its offerings. The corporation aims to shape a better future for the planet through investments in health and education.
Rockstrong Cement is a younger brand of Shree stable company. Shree Stable Company holds multiple brands to cater to and target different needs of people. Some of them are Bangur Cement and Shree Cement. The Shree stable holds the top spot in manufacturing cement in northern India while holding the second spot as the largest producer of cement manufacturing in the country.
Ambuja Cement Ltd. primarily known as Gujarat Ambuja Cement is founded by Suresh Kumar Neotia and Narottam Sekhsharia in 1983. It is a home-building solution-based Infrastructure Company that majorly deals with the production of blocks of cement.
