A less bumpy road ahead
Good growth expectations will help the road sector surmount long-term issues
The last decade of private participation in the road sector exhibited a varying degree of stress and fortunes. Two indicators — traffic and inflation — suggest that 2017 shifted gears for many projects. Although the perils of demonetisation left an indelible mark on some projects, the sector is enjoying the influx of a new set of global sponsors taking over operating assets. The question here is ...
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