SME Times is powered by   
Search News
Just in:   • KV Ramana Murty appointed as SEBI’s whole‑time member  • Govt takes stock of shipping sector amid global maritime uncertainty  • Iran allows India-flagged tankers through Hormuz after talks between EAM Jaishankar, Araghchi  • Induction cooktops go out of stock on quick-commerce apps amid gas shortage fears  • Korean won falls against dollar as Middle East crisis drags on 
Last updated: 11 Sep, 2020  

Highway.9.Thmb.jpg 'Road infra industry biggest ingredient to spur economy'

Highway.9.jpg
   Top Stories
» KV Ramana Murty appointed as SEBI’s whole‑time member
» Crude rally continues: Brent hits $100, WTI jumps 8 pc amid Middle East supply concerns
» India targets $100 billion textile exports by 2030-31: Giriraj Singh
» Sensex, Nifty post moderate losses over Middle East conflict
» J&K govt amends building by-laws to boost ease of doing business
SME Times News Bureau | 11 Sep, 2020

Minister of State for Road Transport & Highways VK Singh said that the Indian road infrastructure and road construction industry, including the equipment and materials, are the biggest ingredient in spurring the economy.

Signh also urged the industry to come up with innovations which the government will support even at the policy level.

Addressing the valedictory session at 'BITU-CON 2020',  Singh said that by constructing more roads not only we can ensure improvement in the connectivity but also bring down the travel time and freight cost.

"This sector has a lot of potential and is profitable also. Things are improving in the economy although  it may take some time for complete recovery. The more we construct the better it is going to be for the economy,"  he added. 

He also urged the industry to use more innovative solutions to ensure the construction cost is reduced.

"We have enough expertise, innovative spirit, know-how to make things better and this sector needs it. Indians have a great ability for innovation, but we are somehow not coming out with it. Innovation and experimentation should be encouraged in the industry to bring down the cost," said Singh.

Cost-cutting, he said should be looked in two ways, one on the immediate cost cutting and other on life-time cost cutting. 

"We should focus on lifetime cost cutting rather than immediate cost cutting. There is a great scope available. It ensures less road maintenance, and wear and tear also come down. What we need is to utilize less thickness of cement by using other methodologies to strengthen the concrete and put a thin layer of bitumen to get better riding quality," noted  Singh.

He also urged the industry to adopt pre-slab fabs in which quality is maintained and are standardized. General Singh suggested the industry to find out ways to expand the use of bitumen and not just restrict to road construction.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter