The current scenario of depleting resources has lead to a major thrust in developing and applying highly sustainable solutions to construction industry. Therefore, it has become essential to devise designs based on materials that cost the least for the transportation network and at the same time have a minimum environmental impact. Though there are a few modern material solutions that may meet these criteria, like the use of steel fibre reinforced concrete (SFRC) for pavement constructions, a proper evaluation of the performance and impact of utilization of such materials is lacking. Life Cycle Assessment (LCA) and Life Cycle Cost Analysis (LCCA) offer the means to evaluate the sustainability, and have been used in this paper to provide frameworks analysing Asphalt, Jointed Plain concrete (JPC) and Steel Fibre Reinforced Concrete pavements. In this work, asphalt, JPC and SFRC pavement sections have been designed as per the respective IRC guidelines so as to get equivalent designs for the given traffic loading, environmental and material conditions. Subsequently, LCCA is done as per the procedure provided in the Federal Highway Administration’s Interim Technical bulletin and LCA is done by using the process approach for each of the pavements. The assessment indicates where sustainable practices can be directed to so as to minimize environmental impacts in the initial stage of the pavement life cycle. The paper also discusses the limitations and difficulties of carrying out life cycle assessment and life cycle cost analysis for highways in India.