Indian highways funding target

India is setting targets for highways funding.
Finance & Funding / January 20, 2021 15 seconds Read
By MJ Woof
India is looking to expand its road development programe – image courtesy of © Sunil Lal, Dreamstime.com
India is looking to source funding for a series of highways projects stretching across the country. A target of close to US$8.9 billion has been set by the National Highways Authority of India (NHAI).

Further progression of the Bharatmala Pariyojana highway expansion programme is being planned by NHAI. And sourcing external funding for this 2021-2022 road development programme is the aim. However, this will raise NHAI’s debt even further than at present.