Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Gadkari, Sonowal unveil road map for next phase of infra growth

Business Standard

|

August 22, 2025

Two top ministers overseeing key infrastructure portfolios — Road Transport and Highways Minister Nitin Gadkari and Ports, Shipping and Waterways Minister Sarbananda Sonowal — on Thursday outlined the central government's broader vision to take infrastructure growth to the next level, driven by mega investments at scale.

- BS REPORTER

Speaking at the Business Standard Infrastructure Summit 2025, Gadkari said quality infrastructure was essential to achieve the $5 trillion-economy target, as industrial investment and job creation could not happen without it. "Availability of money is not the problem. We can sanction projects worth ₹20 trillion today, compared with the ₹4 trillion being invested in the sector currently. Annual toll income, which is about ₹55,000 crore now, is set to rise to ₹1.4 trillion," he said.

In a fireside chat with Business Standard's Nivedita Mookerji, he said the government aimed to make India's automobile industry the world's largest within five years — a goal he believed possible with the rapid development of alternative fuels like ethanol, biofuels, methanol, biodiesel, liquefied natural gas, and green hydrogen. "We have already launched 10 projects with Indian Oil Corporation to produce green hydrogen from municipal solid waste. The challenge is inadequate filling stations and transport infrastructure," he said, adding India would soon lead in green hydrogen and emerge as a net energy exporter.

FLERE HISTORIER FRA Business Standard

Business Standard

Services sector’s informal trap

What's holding back formal job growth — supply or demand?

time to read

4 mins

October 31, 2025

Business Standard

Reits and the promise of big money

For real estate investment trusts, the India story is just beginning

time to read

6 mins

October 31, 2025

Business Standard

US ends automatic extension of work permits for foreigners

Migrant workers must now undergo re-screening before renewal approval

time to read

2 mins

October 31, 2025

Business Standard

Business Standard

Rising millionaires driving India’s wealth mgmt boom: Experts

India’s wealth management industry is entering a defining phase as a swelling pool of high-net-worth (HND and ultrahigh-networth (UHNI) individuals fuels demand for sophisticated financial advice and innovative investment products, top executives said at the Business Standard BFSI Summit 2025.

time to read

2 mins

October 31, 2025

Business Standard

Adani Airports to launch AI-powered multilingual helpdesk for passengers

Adani Airport Holdings Ltd (AAHL) on Thursday announced that it has partnered with AIONOS, a tech firm backed by InterGlobe Enterprises, to introduce an artificial intelligence (Al)-based helpdesk that will allow passengers to get instant, multilingual assistance across all Adani-run airports.

time to read

1 min

October 31, 2025

Business Standard

Stability for growth

India must build on its macro foundations

time to read

2 mins

October 31, 2025

Business Standard

ITC logs 2.7% rise in net profit

Cigarette, FMCG biz key drivers; Amitabh Kant recommended as ind director

time to read

2 mins

October 31, 2025

Business Standard

MEA: Some firms get China licences to import REMs

Some companies in India have received licences to import rare earth magnets (REMs) from China, said Ministry of External Affairs (MEA) Spokesperson Randhir Jaiswal at his weekly media briefing on Thursday.

time to read

2 mins

October 31, 2025

Business Standard

A tale of dualism

The services sector remains informal and unequal

time to read

2 mins

October 31, 2025

Business Standard

Business Standard

Trump and Xi agree to one-year trade truce, easing tensions

TARIFFS TRIMMED, RARE-EARTHS PAUSE AGREED

time to read

3 mins

October 31, 2025

Listen

Translate

Share

-
+

Change font size