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The India bridges and tunnels market is expected to reach a value of USD 23.5 billion by 2027, growing at a CAGR of 10.2% from 2022 to 2027. The market is driven by factors such as increasing urbanization, rising traffic congestion, and the need to improve connectivity. The government is also investing heavily in infrastructure development, which is expected to boost the demand for bridges and tunnels.
The Indian government plays a crucial role in developing and maintaining a robust network of bridges and tunnels, which serve as vital lifelines for transportation, trade, and economic growth. Through strategic procurement initiatives, the government aims to address infrastructure gaps, strengthen connectivity, and enhance the efficiency and safety of transportation across the country. In 2022-23, the government allocated an estimated ₹150,000 crore (approximately US$18.75 billion) to bridges and tunnels procurement, demonstrating its commitment to building a modern and resilient infrastructure network.
Several factors contribute to the substantial growth in India government bridges and tunnels procurement:
Addressing infrastructure gaps: India's vast geography and diverse terrain pose challenges for road and rail connectivity. Procurement of bridges and tunnels is crucial for overcoming these challenges, connecting remote areas, and reducing travel times.
Enhancing regional connectivity: Building bridges and tunnels across rivers, mountains, and urban areas enhances regional connectivity, facilitating trade, tourism, and economic development.
Improving road and rail safety: Bridges and tunnels play a critical role in improving road and rail safety by eliminating dangerous crossings and reducing accidents.
Promoting sustainable infrastructure: The government is incorporating sustainability principles into its bridges and tunnels procurement strategy. Initiatives such as the use of eco-friendly materials, energy-efficient lighting systems, and sustainable construction practices are being promoted to reduce the environmental impact of infrastructure development.
The main bridges and tunnels products and services procured by the Indian government include:
Bridge construction and maintenance
Tunnel construction and maintenance
Bridge and tunnel design and engineering
Bridge and tunnel inspection and assessment
Bridge and tunnel safety and security
Building materials for bridges and tunnels
Construction equipment for bridges and tunnels
Consulting services for bridges and tunnels
The top authorities for India bridges and tunnels procurement are:
National Highways Authority of India (NHAI)
Ministry of Railways
Border Roads Organization (BRO)
State Public Works Departments (PWDs)
Municipal Corporations
The top winners of India bridges and tunnels procurement are:
Larsen & Toubro (L&T)
Afcons Infrastructure
HCC Infrastructure
GMR Infrastructure
Sadbhav Infrastructure
Gammon India
Punj Lloyd
IVRCL
JMC Projects India
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