March 24, New Delhi – Union Minister for Road Transport and Highways, Nitin Gadkari, today marked the listing of the NHAI-sponsored Raajmarg Infra Investment Trust on the Bombay Stock Exchange, highlighting it as a key step in boosting infrastructure financing and public participation in the highways sector.
The listing ceremony, attended by senior officials, comes after the trust's maiden public issue received a strong response from investors, with the IPO oversubscribed nearly 14 times.
The minister emphasized the government's focus on decentralization and monetization of public assets, stating that efficient utilization of infrastructure assets could help mobilize investments of up to ₹8 lakh crore, giving a major push to economic growth.
The Raajmarg Infra Investment Trust aims to unlock value from existing highway assets and offer long-term investment opportunities.
(Photo/Video Caption: Union Minister for Road Transport and Highways, Nitin Gadkari, Marks Raajmarg InvIT Listing on Bombay Stock Exchange)
