A senior authorities official instructed ET that the addition of recent toll plazas this 12 months coupled with better effectivity and pickup in logistics exercise to help elevated consumption has added to the yearly toll assortment.
“The federal government goals to offer seamless motion on highways, and therefore we’re including extra toll roads,” the official mentioned. “It will assist generate extra income whereas guaranteeing that street travellers save on time and price of journey.”
In FY24, India added 94 toll plazas, taking the depend to 933 as on April 1, 2024. Within the first eight months of FY25 (April 1 to November 30, 2024), the variety of toll plazas added stood at 70. The overall toll size within the nation went up from 42,595 km on April 1, 2023 to 46,884 km on April 1, 2024, an addition of 4,289 km, whereas the toll size added within the present fiscal 12 months until November 30 stood at 3,059.6 km.
“Toll assortment has proven sustained momentum within the second half of the 12 months, aided by the festive season. Additionally, during the last couple of years, there was addition of recent toll plazas, which has helped in a delta improve,” Jagannarayan Padmanabhan, international head of consulting, Crisil Market Intelligence and Analytics, mentioned. “This optimistic momentum is anticipated to proceed for the subsequent quarter as properly.”India has 1,040 toll plazas throughout the nation, of which 1,003 are beneath the management of the Nationwide Highways Authority of India, which comes beneath the ministry of street transport and highways.