Interim Budget 2024: Policy, progress, and prospects for India's highway industry
The overall financial outlook of the NHAI remains promising, given the vast array of assets available.
Source: businesstoday.in
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Govt eyes shift to BOT as private cos show interest in roads sector
The Indian government plans to bid out road projects worth over ₹2 lakh crore through the build-operate-transfer (BOT) model by March 2024. This shift from the engineering, procurement, and contract (EPC) model will encourage private players to build high-quality roads that they will be responsible for maintaining for 15 years.
Source: indiatimes.com
If Tesla manufactures locally in India, it will get concessions: Gadkari
Talking to ET, Gadkari said, "We welcome Tesla to India. India is a big market with all types of vendors present here. If it manufactures locally in India, it will get concessions. But if you make it in China and want to sell in India, then there is no concession policy available."
Source: indiatimes.com