Gadkari Launches NHAI-Backed Raajmarg Infra Investment Trust

28 Mar 2026 CW Team

Gadkari set a target to monetise 1,500 kilometres of highways over the next three years through Raajmarg InvIT and framed the initiative as a means to enable direct public participation in infrastructure growth. He linked the programme to the government objective of achieving a self-reliant India and presented the InvIT as a tool to convert users of national highways into stakeholders in project returns. Officials highlighted that the public issue was oversubscribed nearly 14 times, which was cited as evidence of strong market appetite for infrastructure securities.

Domestic equity markets opened on a positive note on the day of the listing, with benchmark indices registering strong early gains even as volatility remained elevated amid uncertainty related to the Strait of Hormuz. The Nifty 50 opened at 22,878.45 and the BSE Sensex opened at 74,212.47, while sectoral indices displayed broad-based buying interest. Market participants observed strength in autos, public sector banks and private bank stocks as part of the opening rally.

International markets also showed supportive trends, with several Asian bourses advancing and major United States indices closing higher, a backdrop that was used to underscore favourable capital market conditions for infrastructure offerings. Officials said the successful listing of Raajmarg InvIT illustrated the potential for listed infrastructure vehicles to mobilise retail and institutional savings for long-duration projects. The transaction was presented as a milestone in efforts to deepen domestic capital markets and broaden participation in national infrastructure.

Union Minister for Road Transport and Highways Nitin Gadkari launched the National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (Raajmarg InvIT), which listed on the Bombay Stock Exchange (BSE). The maiden public issue attracted strong investor interest and officials described the listing as an important step to attract private capital into India's highway infrastructure sector. The listing ceremony was presented as a move to broaden the investor base for long-term road assets and to create investment vehicles that offer predictable cash flows. Gadkari set a target to monetise 1,500 kilometres of highways over the next three years through Raajmarg InvIT and framed the initiative as a means to enable direct public participation in infrastructure growth. He linked the programme to the government objective of achieving a self-reliant India and presented the InvIT as a tool to convert users of national highways into stakeholders in project returns. Officials highlighted that the public issue was oversubscribed nearly 14 times, which was cited as evidence of strong market appetite for infrastructure securities. Domestic equity markets opened on a positive note on the day of the listing, with benchmark indices registering strong early gains even as volatility remained elevated amid uncertainty related to the Strait of Hormuz. The Nifty 50 opened at 22,878.45 and the BSE Sensex opened at 74,212.47, while sectoral indices displayed broad-based buying interest. Market participants observed strength in autos, public sector banks and private bank stocks as part of the opening rally. International markets also showed supportive trends, with several Asian bourses advancing and major United States indices closing higher, a backdrop that was used to underscore favourable capital market conditions for infrastructure offerings. Officials said the successful listing of Raajmarg InvIT illustrated the potential for listed infrastructure vehicles to mobilise retail and institutional savings for long-duration projects. The transaction was presented as a milestone in efforts to deepen domestic capital markets and broaden participation in national infrastructure.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..