Nitin Gadkari Launches NHAI Backed Raajmarg Infra Investment Trust

26 Mar 2026 CW Team

Gadkari said that the next target was to monetise 1,500 kilometres of highways over the next three years through the RIIT and that the initiative enabled direct public participation in infrastructure growth. He framed the listing as contributing to the vision of Prime Minister Narendra Modi to create an Aatmanirbhar Bharat and as a mechanism to turn national highway users into stakeholders in project assets. Officials emphasised the potential for institutional and retail investors to access cash flows from toll and road assets through the InvIT structure.

Market commentary at the listing referenced early positive movement in domestic share markets as investors took a breather from recent selling pressure, although volatility remained amid uncertainty linked to developments in the Strait of Hormuz. The Nifty 50 opened at 22,878.45, gaining 365.80 points or 1.62 per cent, while the BSE Sensex opened at 74,212.47, up 1,516.08 points or 2.09 per cent. Sectoral indices showed broad based buying with autos, public sector banks and information technology among those recording gains.

Regional markets in Asia were reported to be firm, with Japan’s Nikkei 225 rising by 0.75 per cent and Hong Kong’s Hang Seng increasing by 1.75 per cent, while United States indices closed higher on Monday with the Dow Jones and the S&P 500 among those rising. Observers noted that the strong subscription to the RIIT issue reflected investor appetite for infrastructure related cash flows despite an uncertain macro environment. The listing on the BSE was presented as an opening for increased monetisation of national highways through structured investment vehicles.

Union Minister for Road Transport and Highways Nitin Gadkari launched the National Highways Authority of India (NHAI) sponsored Raajmarg Infra Investment Trust (RIIT), which listed on the Bombay Stock Exchange (BSE). The maiden public issue of the RIIT received a strong response from investors and the listing was described by officials as an important step in attracting investment into India’s highway infrastructure sector. The public offer was oversubscribed nearly 14 times and officials regarded the outcome as a significant milestone in infrastructure financing. Gadkari said that the next target was to monetise 1,500 kilometres of highways over the next three years through the RIIT and that the initiative enabled direct public participation in infrastructure growth. He framed the listing as contributing to the vision of Prime Minister Narendra Modi to create an Aatmanirbhar Bharat and as a mechanism to turn national highway users into stakeholders in project assets. Officials emphasised the potential for institutional and retail investors to access cash flows from toll and road assets through the InvIT structure. Market commentary at the listing referenced early positive movement in domestic share markets as investors took a breather from recent selling pressure, although volatility remained amid uncertainty linked to developments in the Strait of Hormuz. The Nifty 50 opened at 22,878.45, gaining 365.80 points or 1.62 per cent, while the BSE Sensex opened at 74,212.47, up 1,516.08 points or 2.09 per cent. Sectoral indices showed broad based buying with autos, public sector banks and information technology among those recording gains. Regional markets in Asia were reported to be firm, with Japan’s Nikkei 225 rising by 0.75 per cent and Hong Kong’s Hang Seng increasing by 1.75 per cent, while United States indices closed higher on Monday with the Dow Jones and the S&P 500 among those rising. Observers noted that the strong subscription to the RIIT issue reflected investor appetite for infrastructure related cash flows despite an uncertain macro environment. The listing on the BSE was presented as an opening for increased monetisation of national highways through structured investment vehicles.

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..