India Roadways Tenders

India's roadways market, the second largest globally, is revving up. With a 6.37 million km network, it's no surprise the sector is expected to zoom ahead at a CAGR of 8.41% by 2025. This translates to a massive market size, attracting both domestic and international players.

The Indian government is the key driver, investing heavily in road infrastructure. In 2022-23 alone, a whopping Rs. 199,107.71 crore ($26.04 billion) was allocated for road projects, highlighting the government's commitment to a smoother ride.

Highways, expressways, and bridges top the list, along with maintenance and technology solutions like intelligent traffic management systems. Road safety, tolling systems, and green initiatives are also gaining traction.

Top Procurement Authorities
The Ministry of Road Transport and Highways (MoRTH) is the main conductor, overseeing national highways and major projects. State Public Works Departments (PWDs) handle state highways and rural roads. Together, they ensure India's roadways stay on track.

With such a vast market, competition is fierce. Leading Indian construction giants like Larsen & Toubro and Adani Group frequently emerge victorious. But global players like Samsung C&T and STRABAG are also vying for a piece of the pie.

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