India's Transport sector corners investment worth ₹69 lakh-cr

The government has set ambitious targets for expanding the transport sector, with a notable increase in highway construction from 6,061 km in FY16 to 10,457 km in FY22. The private sector has actively participated through the Build-Operate-Transfer (BOT) and Hybrid Annuity Model (HAM) under Public–Private Partnership (PPP), along with monetizing existing assets. The sector holds a substantial 27% share in the National Monetization Pipeline (NMP) and aims to generate ₹45,000 crore through monetization in FY24.
Looking ahead, the report indicates that nearly 75% of greenfield highway projects from FY24 onwards will be bid out on the PPP model. The transport sector remains a strategic focus for the government, reflecting in the significant investment and ambitious plans for growth and development.