India Ratings maintains neutral outlook for transportation infra in FY27
New Delhi, Aug. 20 -- India's transportation infrastructure sector is expected to perform reasonably well through the rest of FY27 despite global disruptions and economic volatility, India Ratings and Research (Ind-Ra) said on Thursday while maintaining a neutral sector outlook.
The ratings agency retained stable outlooks for toll roads, hybrid annuity model (HAM) projects, airports and electric bus projects amid stable operating assets, healthy toll revenue growth, higher road awards and continued asset monetization by the National Highways Authority of India (NHAI).
Toll roads are expected to sustain strong revenue growth, supported by economic activity and rising toll rates. Ind-Ra expects toll collections at national highway plazas ...
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