The pace of National Highways construction in India is estimated to slow down by 7-10 per cent to around 31 km/day in the current fiscal due to heightened execution challenges, CareEdge Ratings said on Tuesday. The pace of National Highways construction in India during FY24 registered a healthy uptick of 20 per cent to 34 km/day.
“CareEdge Ratings expects National Highways Construction to slow down from 12,350 km in FY24 to 11,100-11,500 km in FY25,” it said.
