India’s overall road network expanded from about 52.30 lakh km in FY16 to 63.73 lakh km in FY26, while the National Highway network increased from 1.00 lakh kms to 1.47 lakh km during the period, according IANS quoting CareEdge Ratings report.
Four-laning and above NH stretches also increased from 25,854 km to 45,516 km. Over the same period, annual Government and private road capex increased from Rs 0.94 lakh crore to Rs 2.62 lakh crore, said the report.
India’s roads sector entered FY27 at an inÀection point, following a decade of signi¿cant network expansion and rising investment.
The sector is now transitioning towards a more selective and execution-intensive phase. However, construction activity is expected to moderate further amid lower award inÀows and ongoing execution challenges, the report added.
“The Indian roads sector is transitioning from a phase of rapid expansion to one centred on execution quality, operationalisation and asset monetisation. While FY27 awarding activity is expected to bene¿t from the revised BOT-Toll framework and a stronger award pipeline, construction pace is likely to moderate amid lower award inÀows and execution challenges,” said Rajashree Murkute, senior director at CareEdge Ratings.
