The trade mission organized by Eurobrands was covered in the WIKU paper of South Tyrol Italy (German speaking region of Italy)
The three visiting companies included: Pircher Spa, a company which over the past 40 years specialized in concrete drainage systems for roads & airports, Betonform a leader in innovative slope stabilization techniques and Intercom Dr. Leitern, a company specialized in road maintenance and traffic monitoring.
The companies were accompanied by the Eurobrands India team in collaboration with the Export Organization (EOS) of South Tyrol, Italy
Infrastructure development in India offers huge potential as there is still so much to do! Especially in terms of road security, India needs to significantly scale up its infrastructure.
If you haven’t been in India, this video from BCC showing two Brits driving in India gives you a glimpse of what is happing on Indian roads:
Companies from the developed world can play an important role when scaling up India’s infrastructure
Traffic management and traffic security are still very underdeveloped in India. Technologies and solutions as per European standards are in high demand. With a population of over 1.2 billion people, increasing international trade, industrialization and urbanization, traffic on India’s roads, rails, air and see will play a vital role for India’s future economic growth. The Indian Government has therefore allocated a 5 year budget of 90 billion USD for road construction (out of over one trillion (!) USD for overall infrastructure projects).
Infrastructure in India: India’s road network
- Indias road network is 3.3 million kilometer long and one the biggest in the world
- But only 6% of India’s roads are in an acceptable condition
- Many roads are not asphalted, have only one lane and in many cases there is a total lack of traffic security
- 40% of Indian villages are not connected to a road network
Important road infrastructure projects in India
- “Golden Quadrilateral” (5845 km)
- North South & West-East Corridor (7242 km)
- Transformation of 14.000 km from two lane roads to four lane roads
Outlook of Indias road construction sector
- 12-15% growth of the passenger traffic
- 15-18% growth of the cargo traffic