Infrastructure projects to increase use of geosynthetics: NHIDCL

"For accelerating usage of Geosynthetics in road construction, the Ministry of Textiles is incentivising their usage by providing a subsidy," Anand Kumar, said.

Infrastructure projects to increase use of geosynthetics: NHIDCL
NEW DELHI: Given the life-extension benefits and durability that geosynthetics provide, they are increasingly being deployed for road projects in regions with high soil erosion, an NHIDCL official said today.

"For accelerating usage of Geosynthetics in road construction, the Ministry of Textiles is incentivising their usage by providing a subsidy," Anand Kumar, Managing Director, National Highways and Infrastructure Development Corporation, said at a global summit on Geosynthetics here.

Highlighting the manifold applications of Geosynthetics, he said there is a need to sensitise on the advantages of its adoption and their positive impact from a lifecycle cost-benefit perspective.

Other advantages, according to him, include enhanced efficiencies, quality and a reduced carbon footprint. He emphasised on indigenous development, constant research and continuous propagation of the material for its increased usage.

Arvind Ltd, Executive Director, Punit Lalbhai said Geosynthetics has played a key role in infrastructure development in countries.

Brian Schou Nielsen, Director, Fibertex Private said its global market was growing at 4-5 per cent per annum with India and China growing at 10 per cent.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Infrastructure › Infrastructure projects to increase use of geosynthetics: NHIDCL
Text Size:AAA
Success
This article has been saved

*

+