India's National Highways Authority Plans IPO for Infrastructure Trust

The National Highways Authority of India (NHAI) is reportedly gearing up to launch an initial public offering (IPO) for its infrastructure investment trust as early as next month. Bloomberg posted on X, citing unnamed sources familiar with the matter. The move is part of NHAI's strategy to raise funds for its ongoing and future infrastructure projects. The IPO is expected to attract significant interest from investors looking to capitalize on India's expanding infrastructure sector. Details regarding the size and valuation of the offering have not been disclosed. The NHAI's decision to proceed with the IPO underscores the growing trend of infrastructure investment trusts in India, which aim to provide a steady income stream for investors while supporting the country's infrastructure development goals.