India, March 24 -- The National Highways Authority of India (NHAI)'s first public infrastructure investment trust (InvIT) was listed on the Bombay Stock Exchange (BSE) on Tuesday, marking a key step towards bringing retail investors into highway asset monetisation.

"Road users can now become actual owners of the roads. This will provide them with a steady stream of income and also help in the decentralisation of wealth," said Union road transport and highways minister Nitin Gadkari at the listing ceremony. He said the move would allow ordinary road users to become stakeholders in national highway assets.

Gadkari said that the initiative was aimed at expanding participation beyond large investors. "Our road users largely belong to lower ...