Mumbai, March 24 -- Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday launched the National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (RIIT), which was listed on the Bombay Stock Exchange (BSE).

The maiden public issue of the RIIT received a strong response from investors, marking its debut on the BSE. Officials described the listing as an important step in attracting investment into India's highway infrastructure sector.

Addressing the listing ceremony, Gadkari said the next target is to monetise 1,500 kilometres of highways over the next three years through Raajmarg InvIT. He added that the initiative enables direct public participation in India's infrastructure growth and contr...