Highway Monetisation to Reach 400 Bn in Fy24

10 Jan 2024 CW Team

The monetisation of highway projects in India is set to achieve a substantial milestone, reaching Rs.400 billion in the fiscal year 2023-24, as announced by a senior official. This ambitious target underscores the government's commitment to leveraging the potential of highway monetisation as a crucial financial strategy.

The monetisation efforts focus on unlocking the value embedded in existing highway projects, creating a sustainable revenue stream for infrastructure development. The funds generated through this initiative play a pivotal role in financing new projects and addressing the country's evolving infrastructure needs.

The ?400 billion target reflects the growing confidence in the highway monetisation approach as a viable and effective financial mechanism. The strategy involves engaging private sector participation through various models such as toll-operate-transfer (TOT) and infrastructure investment trusts (InvITs).

Highway monetisation aligns with the government's broader vision of augmenting infrastructure development and boosting economic growth. By unlocking the value of existing assets, the approach facilitates efficient utilisation of resources and encourages private sector investment in the country's infrastructure landscape.

The senior official's announcement signals a proactive stance towards realizing the economic potential embedded in the highway sector. As India continues to advance its infrastructure agenda, highway monetisation emerges as a key financial instrument, contributing not only to the development of robust transportation networks but also to the overall economic progress of the nation.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..