Street awards by MoRTH to say no by 40-43% y-o-y in FY24: ICRA
ICRA has revised its forecast of street awards by the Ministry of Street Transport and Highways (MoRTH) in FY24 to 7,000-7,500 km, a y-o-y decline of 40-43 per cent from its earlier estimate of 9,000-9,500 km. “In 7M FY24, street awards stood at 2,595 km, 48 per cent decrease than 5,007 km awarded in 7M … Read more