{
  "id": 6462618,
  "title": "Corrosion costs India’s infrastructure ₹1.42 lakh crore a year: Report",
  "url": "https://urgent.news/2026/09/09/corrosion-costs-indias-infrastructure-1-42-lakh-crore-a-year-report",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T19:05:43.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/infrastructure/corrosion-costs-indias-infrastructure-1-42-lakh-crore-a-year-report/articleshow/133981559.cms"
  },
  "original_language": "en",
  "account": "India's infrastructure sector is facing an estimated annual cost of ₹1.42 lakh crore due to corrosion, according to an industry report. This corrosion-related expense, highlighted at the CII Annual Infrastructure Summit 2026, constitutes around 2.9% of the sector's GDP. The report, titled the CII-NRI Report on the economic impact of corrosion, reveals that the maximum potential saving of ₹49,580 crore, or 1.02% of infrastructure-sector GDP, could be achieved through better prevention and protection measures. The report recommends implementing corrosion-protection requirements based on environmental exposure, particularly for coastal, high-humidity, and other aggressive environments, similar to practices in the US and Japan. It also emphasizes that Indian regulations often acknowledge these measures but treat their adoption as optional. The report urges infrastructure owners and policymakers to consider factors beyond the initial cost of materials or protection systems.",
  "summary": "Corrosion costs India's infrastructure sector an estimated ₹1.42 lakh crore each year. Better prevention measures could save approximately ₹49,580 crore annually. The report suggests implementing corrosion-protection requirements based on environmental exposure. Indian regulations often recognize these measures but leave adoption as an option. Infrastructure owners and policymakers should…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "Russia–India payment infrastructure fully ready for settlements in national currencies: Sberbank India CEO",
        "url": "https://urgent.news/2026/09/09/russia-india-payment-infrastructure-fully-ready-for-settlements-in",
        "published": "2026-09-09T15:07:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}