Iran conflict raises concerns for India's highway construction
after close1 source ↓written by the desknot a recommendation
- of bitumen annually
- 8.7 to 9 million tonnes
- sourced from imports
- 40%
- of expressways
- 5,000 km
The ongoing conflict in the Middle East, particularly involving Iran, raises concerns over bitumen supply for India's highway projects. India requires 8.7 to 9 million tonnes of bitumen annually, with 40% sourced from imports, primarily through the Strait of Hormuz. Disruptions could significantly impact the construction of 5,000 km of expressways and national highways each year.
Officials are monitoring the situation closely as alternative arrangements may be necessary to avoid delays.
Not investment advice. For informational purposes only.