Road construction execution declines 12% YoY; Toll sector maintains stability: ICRA
Jan 02, 2026
M Rajashekar Reddy, Assistant Vice President & Sector Head, ICRA Ltd, said, "The outlook on the toll road sector remains stable, paving the way for sustained growth. On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2% for newer projects and 1.6%-2.0% for older projects in FY2027."