National Highway toll collection surpasses Rs 500 billion

28 Feb 2024 CW Team

India touches Rs 532.8941 billion with more than 48,028 toll collections along the National Highways in the first ten months of the fiscal. The rapid increase is due to the steep rise of tolled roads and growing number of Fastag users.

As per government data, the toll collection of FY24 will hit a record-breaking Rs 620 billion, with average monthly collections of Rs 53.289 billion from April 2023-January 2024. The annual toll collection has seen steady growth since 2018. With Rs 251.5476 billion in 2018-19, Rs 276.3764 billion in 2019-20, Rs 279.238 billion in 2020-21, Rs 339.0772 billion in 2021-22 and Rs 480.2822 billion in 2022-23. The total toll length has increased by 75%, from 25,995 km in FY19 to 45,428 km as of November-end 2023. Historically, the toll length stood at 29,666 km in 2019-20, 34,071 km in 2020-21, 38,315 km in 2021-22 and 42,595 km in 2022-23. According to experts the toll collection will further increase by the use of GPS-based toll collection sysems. The revenue collection system is currently under government planning. Jagannarayan Padmanabhan, Senior Director and Global Head, Consulting, Crisil Market Intelligence and Analytics, said, ?The GPS-enabled toll collection could be a revenue booster for the government as all those who were so far taking alternate routes to avoid the entire toll stretch will now prefer to take the toll roads.? He mentioned that the current collection might not be significantly affected since most journeys cover distances exceeding 60 km considering that ?the distance between toll plazas is approximately 60 km, the effect will be minimal, but a balance will be achieved as more drivers start using the toll road." Padmanabhan, however, warned that GPS-based toll collection could result in increased traffic on toll roads and pose a challenge for the government in enhancing the backend process to ensure smooth transactions.

Real Estate

14 May 2026

AIDO Launches Smart Hotel Lock for Hospitality Spaces

AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

Häfele Unveils Zenith Digital Lock

Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

KBL Revenue Rises 11 Per Cent in Q4 FY26

Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..