The first quarter report card for 2017-18 is out. We evaluate the performance of the Infrastructure sector to see what lies ahead

The business of roads and other transport-based infrastructure services provided a silver lining in the cloud for infrastructure companies in 2016-17. About 8,200 km of roads was constructed in 2016-17, a record so far in any given year, albeit lower than the Centre’s target of 15,000 km. Road operators benefited from the new regulation of 2016, which allowed Hybrid Annuity Model (HAM)-based proj...