Huge market available for surety bonds in India: NHAI member

National Highways Authority of India (NHAI) member Manoj Kumar on Thursday said a huge market is available for surety bonds in the country and now, the onus is on the insurance fraternity to come out with products quickly. Addressing an event organised by industry body Assocham, Kumar further said the NHAI is working to expand the construction market because “as a country, we had a certain level of construction capability in a strategic manner by having contracts of various sizes”.

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