India, June 23 -- The National Highways Authority of India (NHAI) and the National Council of Applied Economic Research (NCAER) on Tuesday signed a Memorandum of Understanding (MoU) to establish India's first dedicated research centre focused on the economics of transportation, mobility and logistics.

The new institution, titled the NHAI Centre for Economics of Transportation, Mobility and Logistics (ETML), will be housed at NCAER and has been established with a founding contribution from NHAI.

Focus on economic impact of infrastructure investments

The centre aims to study the broader economic and social impact of India's rapidly expanding transportation infrastructure, including highways, logistics networks and multimodal transport sy...