ArisInfra Evaluates Entry into India’s Rs 35,000+ Crore Asphalt Market
Arisinfra Solutions Limited, , today announced that it has signed a strategic Memorandum of Understanding (MoU) with JS Infra Solutions to explore a strategic collaboration in the asphalt and road infrastructure materials ecosystem.
India’s asphalt market is anchored by bitumen demand and one of the world’s largest road networks. The Indian bitumen market is currently estimated at approximately USD 4.2 billion (Rs 35,000+ crore), with annual consumption of around 9 million tonnes and industry estimates projecting demand to scale to 31 million tonnes over the coming years. This growth is supported by India’s 6.6-millionkilometre road network - the largest globally- alongside sustained investments in highways, metro corridors, urban roads, and periodic resurfacing cycles