India highway project awards slow down, rebound expected in FY27
pre-market1 source ↓written by the desknot a recommendation
Fresh project awards in India's roads and highways sector have slowed significantly, impacting construction activity through FY26. Bidding activity dropped sharply due to stricter eligibility rules and land acquisition issues. However, operational demand remains steady, with government spending holding firm, indicating potential recovery in FY27 as private funding is expected to increase.
Not investment advice. For informational purposes only.