India has the second largest road network across the world at 4.7 million km. This road network transport more than 60 per cent of all goods in the country and 85 per cent of India’s total passenger traffic. Road transportation has gradually increased over the years with the improvement in connectivity between cities,towns and villages in the country.

In India sales and automobiles and movement of freight by roads is growing at a rapid rate. Cognizant of the need to create an adequate road network to cater to the increased traffic and movement of goods, Government of India has set earmarked 20 per cent of the investment of US$ 1 trillion reserved for infrastructure during the 12th Five-Year plan (212-17) to develop the country’s roads.

The value of roads and bridges infrastructure inIndia is projected to grow at a Compound Annual Growth Rate (CAGR) of 17.4 per cent over FY2012-17. The counry’s road and bridges infrastructure, which was valued at US$ 6.9 billion in 2009, is expected to touch US$ 19.2 billion by 2017. The Financial outlay for road transport and high way grew at a CARG of 19.4 per cent in the period FY2009-14. The plan outlay for 2015-16 stepped up budgetary support for road Transport and Highways to Rs 42,912 crore (US$ 6.43 billion).