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NHAI International: Foreign Arm of NHAI to Foray into International Projects

News:

With offers to build roads and highways in Iran, Sri Lanka, Nepal and Bhutan coming its way, the National Highways Authority of India (NHAI) has decided to go global, and Roads, Highways and Transport Minister Nitin Gadkari will soon set up a separate body — NHAI International — to tap into road building possibilities outside India.NHAI International will be a set-up outside the existing ambit of NHAI and will have its offices in several countries. 

Source: ET

SNP Insights:

The decision to carve NHAI international can be considered as a positive outlook for Indian Road Ministry for exploring the opportunities abroad.This may help NHAI to have hands on experience on the best practices in roads construction prevailing in foreign countires which in future can be adopted in Indian Road Sector as well. Also this can act as a foreign revenue source as wide opportunies exists in countries like Nepal, Bhutan, Sri Lanka, Myanmar, Iran and other west asian countries.

Source: SNP Infra Research