MoRTH’s road execution is set to moderate to 9,000-9,500 km in FY2026-27 as project awards decline, according to ICRA. Credit rating agency ICRA expects road execution by the Ministry of Road Transport and Highways (MoRTH) to moderate to 9,500-10,000 km in FY2025-26 and further to 9,000-9,500 km in FY2026-27 owing to a decline in project...
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