Infra boost: India speeds up efforts to clear backlog of stalled highway projects
Infra boost: India speeds up efforts to clear backlog of stalled highway projects
India is aggressively clearing a significant backlog of delayed national highway projects, aiming to resolve 60% of stalled projects by March. This initiative seeks to curb cost overruns and boost construction momentum, with authorities accelerating clearances and fund releases. The move is expected to improve developer cash flows and increase daily construction rates, vital for meeting ambitious targets.
India is aggressively clearing a significant backlog of delayed national highway projects, aiming to resolve 60% of stalled projects by March. This initiative seeks to curb cost overruns and boost construction momentum, with authorities accelerating clearances and fund releases. The move is expected to improve developer cash flows and increase daily construction rates, vital for meeting ambitious targets.
India is aggressively clearing a significant backlog of delayed national highway projects, aiming to resolve 60% of stalled projects by March. This initiative seeks to curb cost overruns and boost construction momentum, with authorities accelerating clearances and fund releases. The move is expected to improve developer cash flows and increase daily construction rates, vital for meeting ambitious targets. 
