India's Ambitious Plan: Monetising $24 billion Highways by 2027

03 Oct 2023 CW Team

India is embarking on an ambitious endeavour to monetise approximately $24 billion worth of highways by the year 2027, according to reports. The plan aims to unlock the economic potential of the country's extensive road network, offering opportunities for private sector investment and participation. The initiative aligns with India's vision to accelerate infrastructure development and boost economic growth.

By monetising these highways, the government intends to attract private investment, enhance road quality and services, and generate revenue through various mechanisms such as tolls, lease agreements, and concessions.

This strategic move could pave the way for modernisation and expansion of the road network, ultimately leading to improved connectivity, reduced travel time, and increased trade opportunities. It also aligns with India's broader goals of promoting sustainable transportation and reducing traffic congestion. Key stakeholders in this venture include the National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways.

As India progresses towards becoming a trillion-dollar economy, this ambitious plan to monetise highways is a significant step towards achieving its infrastructure and economic development goals.

Real Estate

03 Jun 2026

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

NICDC Hosts Workshop on BHAVYA Scheme and Testing Infrastructure

National Industrial Corridor Development Corporation (NICDC) organised a workshop in New Delhi to discuss the Bharat Audyogik Vikas Yojana (BHAVYA) Scheme and National Test House and Bureau of Indian Standards testing facilities. The event, under the Department for Promotion of Industry and Internal Trade, drew more than 100 representatives from 31 States and Union Territories and senior officials from central agencies. The sessions sought to align quality assurance, infrastructure planning and investor facilitation to accelerate industrial park readiness. The first session examined laboratory..