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Indian highway investments tripled GDP and boosted household incomes and car sales, study shows.
A study by IIM-Bangalore found that investments in India's highway sector have boosted the country's GDP threefold through a multiplier effect.
From 2013 to 2022, every unit spent on highways increased GDP by 3.21 units, leading to a 9% rise in household incomes, a 6% increase in household spending, and a 10.4% surge in car sales.
Highway development also improved supply chain efficiency, reduced transportation costs, and enhanced access to essential services, while cutting crime, accidents, and pollution.
The NHAI spent a record Rs 2.07 lakh crore on highways in 2023-24, expanding the national highway network by 60% over a decade.
Las inversiones en carreteras indias triplicaron el PIB y aumentaron los ingresos de los hogares y las ventas de automóviles, según los estudios.