India Roads and Highways Sector Forecast to Grow at CAGR 36% Till 2025

TechSci Research Report - Seite 2

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India GDP Growth Rate, 2016E-2021F (%) 

   
        Year         GDP Growth (%)
        2016E             7.45
        2017F             7.49
        2018F             7.60
        2019F             7.69
        2020F             7.68
        2021F             7.79

"Economic development and increasing disposable income in India has led to increase in ownership of private vehicles among both urban and rural population of the country. Moreover, rising freight transport is fueling demand for better roads infrastructure in the country. Growing requirement for better roads and highways infrastructure, coupled with rising government initiatives to drive India roads and highways market during the forecast period" said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

"India Roads & Highways Market By Type, Competition Forecast & Opportunities, 2011-2025" has evaluated the future growth potential of roads and highways market in India and provided statistics and information on market structure, industry behaviour and trend. The report includes market projections and demand forecast. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyses emerging trends along with essential drivers, challenges and opportunities available in roads and highways sector in the country.

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