The market is shifting to more greenfield expressways than the traditional method: Vinayak Chatterjee, Chairman, Feedback Infra

Do you feel that rural demand particularly has been hampered which will affect the recovery?
Vinayak Chatterjee: There is clear evidence that the rural demand is not as buoyant as it was in the April, May, June, July period of last year, and remember it was buoyant largely because there was a slew of special packages that were given to the rural sector including a step up in the MNREGA in rural, small infra works, special packages all those have not been seen now. And therefore from sales of tractors to retail demand for cement etc, rural demand is showing stress vis-à-vis last year so it is not going to be that much of a demand support in current times.

There is a limitation to how much the highway sector can actually absorb. There is also a limitation to the highway needs of India. So where is that sector headed, more like a late single-digit growth or early double-digit growth?