The Economic Times

India road construction pace to slow to 21 km/day in FY27; state capex to outpace Centre: CareEdge

India's road construction pace is expected to slow to around 21 km per day in FY27 from 25 km per day in FY26, as lower highway awards and execution challenges weigh on activity, while state governments are expected to emerge as the key drivers of road sector capital expenditure, according to CareEdge Ratings.