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Report of Bank of America Securities India
August 28 , 2022
631 days
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- India is on its journey to surpass all the records of developing rail lines and highways.
- The report claims that in the year 2025, the county will have constructed more highways and rail lines than it has cumulatively built between 1950 and 2015.
- Resultantly, it is being calculated that India will have over 1.2 lakh km of railway lines and 1.8 lakh km of highways by 2025.
- Between 1950 and 2015, the nation built only 4,000 kilometres of national highways.
- It is taking the total length to 77,000 kilometres in 2015.
- However, the highway length is on course to cross 1.8 lakh kilometres by 2025 - more than double the existing length in ten years' time.
- The nation had only 10,000 kilometres of rail lines in 1950.
- It rose to 63,000 kilometres in 2015.
- But it is expected to touch 1.2 lakh kilometres in 2025.
- The port capacity, which was only 777 MTPA in 1995, rose to 1,911 MTPA in 2015.
- It is on course to more than double to 3,000 MTPA by 2025.
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