NHAI’s delegation, led by Chairman Sh. Santosh Kumar Yadav and NHIT MD Suresh Goyal, are conducting high-level meetings and roadshows in Dubai and Abu Dhabi to attract foreign investment via NHAI Infrastructure Investment Trusts (InVITs). At a Dubai roadshow with the Consulate General of India and SBICAPS UAE, Yadav highlighted India’s highway expansion from 70,000 to 140,000 kilometres in a decade, driven by significant government investment. Yadav also noted the transformation of these roads into financial assets through advanced digitization of toll collection, with 98-99% of collections now electronic.
The roadshows offer UAE investors a chance to join India’s infrastructure growth, Managing Director of NHIT Mr Suresh Goyal emphasized the financial stability and potential returns, noting that India’s national highways carry 70-80% of commercial traffic, and with GDP expected to grow at 6-7% annually, toll revenue is projected to grow accordingly.
NHAI aims to build lasting UAE investor relationships, with positive responses in Dubai and upcoming meetings in Abu Dhabi. This initiative represents a strategic move to secure sustainable funding for India’s highway expansion, attracting significant capital and fostering a beneficial partnership for both India and investors. The delegation comprised Santosh Yadav, Chairman of NHAI; Suresh Goyal, MD & CEO of NHAI InvIT; Mr. Rajendra Kumar, Member (Finance) of NHAI; Anurag Jain, CIO of NHAI InvIT; Arnab Chaudhary, Head of Debt Capital Markets at SBI Capital Markets; and Vishal Gupta, Head of Middle East at SBI Capital Markets.