The growth in road project awards by the National Highways Authority of India (NHAI) could reach 9-11 per cent in FY26, according to a report by Axis Securities.
With the formation of the new government at the centre, road construction project awards, have picked up, according to a research report by Nuvama. The award for road projects was halted during the first quarter of FY25 because of the imposition of election model code of conduct.