Road construction activity is expected to see a 16-21% jump in FY24
This translates into 12,000-12,500 kilometres of road
The strong growth is backed by several government projects
A toll collection growth of 6-9% is expected in FY24
This is supported by a 4-5% growth in traffic
The project pipeline remains strong at 55,000 km under various stages of execution
12,000-12,500 km of projects should be completed in GY2024
GY2024 stands for upcoming General Elections