This comprehensive analysis by Biltrax Construction Data examines Roads & Highways sector developments across the North, Northeast, and East Zones for FY 2023-24. Leveraging data from the BX-2 platform, the report highlights the significant trends and the leading players driving construction activities in these regions.
Introduction
As India advances its infrastructure, the Roads & Highways sector remains crucial in enhancing connectivity, fostering economic growth, and driving regional development. This comprehensive ‘Zonal Analysis: Series 3’, explores the key developments, trends, and initiatives shaping the Roads & Highways sector across three significant regions: North, Northeast, and East India.
The series will offer detailed insights into major projects, investments, and policy initiatives during FY 2023-24, contributing to the growth and modernization of India’s road network.
Overview:
In the North Zone, significant developments during FY 2023-24 include major highway projects and strategic improvements to boost regional connectivity. The zone saw significant projects like the Delhi-Amritsar-Katihar Expressway, designed to alleviate traffic congestion and improve trade efficiency. States such as Rajasthan and Uttar Pradesh saw focused improvements to stimulate economic growth, while Himachal Pradesh and Uttarakhand emphasized on addressing hilly terrain challenges to enhance accessibility. Major cities including Delhi, Chandigarh, and Jaipur also received upgrades to reduce congestion and improve urban mobility.
The Northeast Zone, facing unique challenges and opportunities in developing its road infrastructure, focused on enhancing accessibility and integrating remote areas. This zone has experienced substantial progress, with 9,984 km of National Highways constructed over the past decade at an expenditure of INR 1,07,504 Crore. Key initiatives like SARDP-NE (Special Accelerated Road Development Programme, NorthEast), NHDP Phase-III, Bharatmala Pariyojna, and the Trans-Arunachal Highway have significantly shaped the region’s road infrastructure, improving connectivity across remote and strategic areas.
Meanwhile, the East Zone, in its Roads & Highways sector, during FY 2023-24, focused on improving regional connectivity and supporting economic growth. The National Infrastructure Pipeline (NIP) supported the East Zone with about INR 28,000 Crore for road and highway development, focusing on infrastructure upgrades and new projects. Additionally, INR 4,000 Crore was specifically allocated to enhance state highways in Bihar, aiming to improve both rural and urban road networks. The zone’s diverse landscape posed unique challenges, with projects aimed at enhancing infrastructure resilience and promoting integration.
Also Read: India’s Construction Industry in FY 2023-24: A Zone-Wise Analysis
A. NORTH ZONE
Construction Projects in the North Zone
In the last financial year, Biltrax tracked nearly 87 Roads & Highways projects in the North Zone through its BX-2 platform, with an estimated construction cost of INR 44,813 Crore.
State-wise Construction Overview of the North Zone (Based on Construction Value)
Of the total projects tracked by BX-2 in the North Zone during FY 2023-24, Uttar Pradesh stands out with the highest construction value. The state undertook 50 projects with a combined construction cost of INR 29,931 Crore, accounting for 66.79% of the total in the region. These projects include developing new roadways, constructing underpasses and bridges, expanding existing roads, and enhancing road infrastructure.
Out of 87 Roads & Highways projects, 60 alone were new constructions covering over 2,041 km at INR 38,039 Crore. The remaining projects focused on upgrading existing road segments and minor structural enhancements.
| Sr. No. | State | Project Nos. | Construction Value (INR-Crore) | % by Construction Value |
| 1 | Uttar Pradesh | 50 | 29,931 | 66.79% |
| 2 | Jammu & Kashmir | 11 | 7,269 | 16.22% |
| 3 | Rajasthan | 10 | 2,225 | 4.97% |
| 4 | Himachal Pradesh | 4 | 1,769 | 3.95% |
| 5 | Haryana | 4 | 1,154 | 2.58% |
| 6 | Punjab | 3 | 1,136 | 2.53% |
| 7 | Uttarakhand | 3 | 1,005 | 2.24% |
| 8 | Ladakh | 2 | 324 | 0.72% |
| TOTAL | 87 | 44,813 |
Also Read: Navigating Building Construction Trends in India’s North Zone: FY 2023-24
Key Stakeholders in the North Zone (Based on Construction Value)
This section highlights the key stakeholders driving road infrastructure activities in the North Zone during FY 2023-24. It focuses on major project owners and top contractors leading significant regional developments.
Major Project Owners
As of FY 2023-24, BX-2 tracked leading project owners in the North Zone, actively managing 87 road infrastructure projects valued at INR 44,813 Crore. Of these, NHAI alone accounts for over 58.71% of the total project value. Other key players include:
| Sr No | Company Name | Project Nos. | Construction Cost(in INR-Crore) | % by Construction Value |
| 1 | National Highways Authority of India (NHAI) | 45 | 24,910 | 58.71% |
| 2 | Ministry of Road Transport and Highways (MoRTH) | 28 | 14,625 | 34.47% |
| 3 | National Highways & Infrastructure Development Corporation Limited (NHIDCL) | 3 | 1,588 | 3.74% |
Top General Turnkey/Civil Works Contractors
Among the 13 General turnkey/civil works companies monitored by BX-2 in the North zone, S&P Infrastructure Developers Pvt Ltd leads, with projects worth INR 1,101 Crore. This represents nearly 16.01% of the total construction value. SRM Contractors Pvt Ltd and L N Malviya Infra Pvt Ltd follow in the second and third ranks, respectively. These firms are delivering projects worth INR 962 Crore and INR 764 Crore, respectively.
| Sr. No. | Company Name | Project Nos. | Construction Value (INR-Crore) | % by Construction Value |
| 1 | S&P Infrastructure Developers Private Limited | 2 | 1,101 | 16.01% |
| 2 | SRM Contractors Private Limited | 2 | 962 | 13.99% |
| 3 | L N Malviya Infra Private Limited | 1 | 764 | 11.11% |
Additionally, BX-2 identified over 45 awarded contracts in the region for FY 2023-24. These encompass 45 projects with a combined tender value of INR 21,972 Crore and a total road length of 1,021 km.
Also Read: Industrial Construction Trends in India’s North and Northeast Zones: FY 2023-24
B. NORTHEAST ZONE
Construction Projects in the Northeast Zone
In the last financial year, Biltrax tracked nearly 55 Roads & Highways projects in the Northeast Zone through its BX-2 platform, with an estimated construction cost of INR 21,554 Crore.
State-wise Construction Overview of the Northeast Zone (Based on Construction Value)
Of the total projects tracked by BX-2 in the Northeast Zone during FY 2023-24, Assam stands out with the highest construction value. The state undertook 33 projects with a combined construction cost of INR 14,194 Crore, accounting for 65.85% of the total in the region. These projects include developing new roadways, construction of underpasses and bridges, expansion of existing roads, and enhancement of road infrastructure.
Out of 55 Roads & Highways projects, 35 alone were new constructions covering over 981 km at INR 17,782 Crore. The remaining projects focused on upgrading existing road segments and minor structural enhancements.
| Sr. No. | State | Project Nos. | Construction Value (INR-Crore) | % by Construction Value |
| 1 | Assam | 33 | 14,194 | 65.85% |
| 2 | Arunachal Pradesh | 12 | 4,242 | 19.68% |
| 3 | Mizoram | 4 | 2,025 | 9.40% |
| 4 | Meghalaya | 3 | 637 | 2.96% |
| 5 | Manipur | 2 | 262 | 1.22% |
| 6 | Nagaland | 1 | 194 | 0.90% |
| TOTAL | 55 | 21,554 |
Key Stakeholders in the Northeast Zone (Based on Construction Value)
Major Project Owners
As of FY 2023-24, BX-2 tracked leading project owners in the Northeast Zone, actively managing 55 road infrastructure projects valued at INR 21,554 Crore. Of these, NHIDCL alone accounts for over 50.59% of the total project value. Other key players include:
| Sr. No. | Company Name | Project Nos. | Construction Cost(in INR-Crore) | % by Construction Value |
| 1 | National Highways & Infrastructure Development Corporation Limited (NHIDCL) | 23 | 10,500 | 50.59% |
| 2 | National Highways Authority of India (NHAI) | 4 | 5,404 | 26.03% |
| 3 | Public Works Roads Department (PWRD)- Assam | 18 | 3,081 | 14.84% |
Top General Turnkey/Civil Works Contractors
Among the 16 General turnkey/civil works companies monitored by BX-2 in the Northeast zone, Anupam Nirman Pvt Ltd leads, with projects worth INR 973 Crore. This represents nearly 14.79% of the total construction value. ABCI Infrastructures Pvt Ltd and T.T.C. Infra India follow in the second and third ranks, respectively. These firms are delivering projects worth INR 917 Crore and INR 905 Crore, respectively.
| Sr. No. | Company Name | Project Nos. | Construction Value (INR-Crore) | % by Construction Value |
| 1 | Anupam Nirman Private Limited | 3 | 973 | 14.79% |
| 2 | ABCI Infrastructures Private Limited | 2 | 917 | 13.94% |
| 3 | T.T.C. Infra India | 2 | 905 | 13.76% |
Additionally, BX-2 identified over 51 awarded contracts in the region for FY 2023-24. These encompass 47 projects with a combined tender value of INR 15,275 Crore and a total road length of 893 km.
Also Read: Navigating Building Construction Trends in India’s Northeast Zone: FY 2023-24
C. EAST ZONE
Construction Projects in the East Zone
In FY 2023-24, Biltrax tracked nearly 54 Roads & Highways projects in the East Zone through its BX-2 platform, with an estimated construction cost of INR 26,628 Crore.
State-wise Construction Overview of the East Zone (Based on Construction Value)
Of the total projects tracked by BX-2 in the East Zone during FY 2023-24, Bihar stands out with the highest construction value. The state undertook 20 projects with a combined construction cost of INR 9,076 Crore, accounting for 34.08% of the total in the region. These projects include developing new roadways, construction of underpasses and bridges, expansion of existing roads, and enhancement of road infrastructure.
Out of 54 Roads & Highways projects, 33 projects alone included new constructions covering over 866 km at INR 21,731 Crore. The remaining projects focused on upgrading existing road segments and minor structural enhancements.
| Sr. No. | State | Project Nos. | Construction Value (INR-Crore) | % by Construction Value |
| 1 | Bihar | 20 | 9,076 | 34.08% |
| 2 | West Bengal | 10 | 8,270 | 31.06% |
| 3 | Jharkhand | 9 | 6,307 | 23.69% |
| 4 | Orissa | 13 | 2,728 | 10.24% |
| 5 | Andaman & Nicobar Islands | 2 | 247 | 0.93% |
| TOTAL | 54 | 26,628 |
Key Stakeholders in the East Zone (Based on Construction Value)
Major Project Owners
As of FY 2023-24, BX-2 tracked leading project owners in the East Zone, actively managing 51 road infrastructure projects valued at INR 25,326 Crore. Of these, NHAI alone accounts for over 73.38% of the total project value. Other key players include:
| Sr. No. | Company Name | Project Nos. | Construction Cost(in INR-Crore) | % by Construction Value |
| 1 | National Highways Authority of India (NHAI) | 30 | 18,584 | 73.38% |
| 2 | Ministry of Road Transport and Highways (MoRTH) | 17 | 6,100 | 24.09% |
| 3 | Road Construction Department, Bihar | 1 | 286 | 1.13% |
Top General Turnkey/Civil Works Contractors
Among the 16 General turnkey/civil works companies monitored by BX-2 in the East zone, M/s Welspun Enterprises Ltd leads, with projects worth INR 1,161 Crore. This represents nearly 17.65% of the total construction value. Dhatarwal Construction Company Pvt Ltd and SRSC Infra Pvt Ltd follow in the second and third ranks, respectively. These firms are delivering projects worth INR 632 Crore and INR 605 Crore, respectively.
| Sr. No. | Company Name | Project Nos. | Construction Value (INR-Crore) | % by Construction Value |
| 1 | M/s Welspun Enterprises Limited | 1 | 1,161 | 17.65% |
| 2 | Dhatarwal Construction Company Private Limited | 1 | 632 | 9.61% |
| 3 | SRSC Infra Private Limited | 3 | 605 | 9.20% |
Additionally, BX-2 identified over 31 awarded contracts in the region for FY 2023-24. These encompass 31 projects with a combined tender value of INR 23,923 Crore and a total road length of 646 km.
Also Read: Navigating Building Construction Trends in India’s East Zone: FY 2023-24
To conclude, India’s Roads & Highways sector demonstrated remarkable growth during the last financial year. Zonal analytics are vital for capturing the regional dynamics of the Roads & Highways sector, providing valuable insights into specific construction activities and investments. By leveraging Biltrax’s robust analytics, industry players can effectively navigate the complex landscape of road construction, align strategies with regional demands, and drive sustainable growth in India’s infrastructure sector.
Stay tuned for our next article in the ‘Zonal Analytics’ series. In the final article, we will explore the construction trends in India’s West, South and Central Zones – the critical segments of the Indian construction industry.
Contact us today to learn more about how we can help you succeed in the construction industry.
Previous Articles
Part 1: An Overview (Roads & Highways Sector)
Next Article
Part 3: West, South & Central Zones
To explore our previous analyses, refer to:
Series 1: India’s Building Construction Industry in FY 2023-24: A Zone-wise Analysis
Series 2: India’s Industrial Landscape in FY 2023-24: A Zone-wise Analysis
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