NHAI's Record Expenditure and Road Construction in 2023-24

April 8, 2024, 3:39 pm
National Highways Authority of India
National Highways Authority of India
Location: India, Delhi, New Delhi
Employees: 1001-5000
Founded date: 1988
Total raised: $4.83B
The National Highways Authority of India (NHAI) has set a new benchmark by spending a record Rs.2.07 trillion in the fiscal year 2023-24 and completing the construction of 6,644 kilometers of roads. This achievement highlights NHAI's dedication to enhancing infrastructure and improving connectivity across the country. By investing heavily in road projects, NHAI aims to boost economic growth and enhance citizens' quality of life. The completion of 6,644 kilometers of roads signifies significant progress in expanding India's road network and improving connectivity between urban centers, rural areas, and key economic hubs. These new roads are expected to reduce travel time, stimulate socio-economic development, and facilitate smoother traffic flow. NHAI's efficiency and dedication to infrastructure development are evident in its unprecedented expenditure and road construction activities in fiscal year 2023-24. As NHAI continues to lead road development initiatives, India is poised to experience enhanced connectivity, improved mobility, and accelerated economic growth in the future.