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flag Indian highway investments tripled GDP and boosted household incomes and car sales, study shows.

flag A study by IIM-Bangalore found that investments in India's highway sector have boosted the country's GDP threefold through a multiplier effect. flag 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. flag Highway development also improved supply chain efficiency, reduced transportation costs, and enhanced access to essential services, while cutting crime, accidents, and pollution. flag 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.

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