For an industry often described as capital-intensive, India’s roads and highways sector faces an interesting paradox: Capital is available, but not every form of capital is willing to take every kind of risk.

The discussion on Financing Roads & Highways in a Capital-Constrained Era, moderated by Suneet K Maheshwari, Managing Partner, Udvik Infra, and Independent Board Director, brought together Pratik Panwala, Vice President, Investments, NIIFL; Vishal Gupta, Senior Vice President - PA&SF, SBI Capital Markets; Sandeep Upadhyay, Managing Director - Infrastructure Advisory, Centrum Capital; and Vishal Biraia, Portfolio Manager, Bandhan Infra Fund, to examine how the financing landscape is evolving....

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