World & BusinessIndia's road construction pace expected to slow to around 21 km a day in FY27
The Economic Times, citing CareEdge Ratings, reports that state governments are expected to drive road-sector capital spending, outpacing the Centre.
TLDR
The Economic Times, citing CareEdge Ratings, reports that India's road construction pace is expected to fall from 25 km a day in FY26 to around 21 km a day in FY27. CareEdge links the projected slowdown to lower highway awards and execution challenges, while expecting state governments to become the key drivers of road-sector capital spending.
India's road construction pace expected to slow to around 21 km a day in FY27
The Economic Times, citing CareEdge Ratings, reports that state governments are expected to drive road-sector capital spending, outpacing the Centre.
TLDR
The Economic Times, citing CareEdge Ratings, reports that India's road construction pace is expected to fall from 25 km a day in FY26 to around 21 km a day in FY27. CareEdge links the projected slowdown to lower highway awards and execution challenges, while expecting state governments to become the key drivers of road-sector capital spending.