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Home News Indian highways funding target

Indian highways funding target

India is setting targets for highways funding.

by Mike Woof
January 20, 2021
in News
Reading Time: 1 min read
A A
India is looking to expand its road development programe – image courtesy of © Sunil Lal, Dreamstime.com

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.
Categories: Finance & Funding

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