New Delhi [India], September 25 (ANI): India's road construction pace is expected to slow to around 21 km per day in FY27 from 25 km per day in FY26, as lower highway awards and execution challenges weigh on activity, while state governments are expected to emerge as the key drivers of road sector capital expenditure, according to CareEdge Ratings.
CareEdge Ratings said the roads sector has entered an execution-intensive phase after a decade of significant expansion in the country's road network and rising investment. The focus is now shifting from rapid creation of new assets towards execution and completion of projects already in the pipeline.