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Under phase I of the BRS government’s Strategic Road Development Plan in Hyderabad, 48 works worth over Rs 8,000 crore were taken up, with the stated aim of easing traffic woes in the city.
Gadkari said the government's primary focus lies in transforming road infrastructure into electric highways, accommodating electric buses and trucks. This shift is expected to yield a substantial reduction in logistics costs.
India Business News: Gadkari said the government's primary focus lies in transforming road infrastructure into electric highways, accommodating electric buses and trucks.
The Indian government plans to bid out road projects worth over ₹2 lakh crore through the build-operate-transfer (BOT) model by March 2024. This shift from the engineering, procurement, and contract (EPC) model will encourage private players to build high-quality roads that they will be responsible for maintaining for 15 years.
Talking to ET, Gadkari said, "We welcome Tesla to India. India is a big market with all types of vendors present here. If it manufactures locally in India, it will get concessions. But if you make it in China and want to sell in India, then there is no concession policy available."