India’s national highway construction will likely reach only 32-34 km per day during the current financial year as input prices are expected to remain elevated, rating agency Crisil said on Monday.
The rating agency further said it expects the pace of highway construction to pick up post monsoon.
India’s national highway construction slowed to 28.64 km a day in 2021-22, due to COVID-19 pandemic-related disruptions and a longer-than-usual monsoon in some parts of the country.
The pace of national highway (NH) construction in the country had touched a record 37 km per day in 2020-21.
