Raajmarg Infra Investment Trust IPO

nfrastructure OverviewIndia's infrastructure sector is witnessing robust growth, fuelled by significant government investments and strategic initiatives aimed at strengthening the nation's economic framework. For the fiscal year 2025–26, the government allocated a record Rs. 11.21 trillion, ... underscoring its dedication to infrastructure development as a cornerstone of economic progress and employment generation. Transport and logistics remain key focus areas, particularly roads, with over 45,000 kilometres, including 5,000 kilometres of specialised structures such as elevated roads, tunnels, and bridges, under consideration for awards. The National Highways Authority of India (NHAI) plans to award approximately 5,000 kilometres annually through Build-Operate-Transfer (BOT) and Engineering, Procurement, and Construction (EPC) models. This approach presents significant opportunities for infrastructure construction companies. Furthermore, ongoing bidding for third-party operations and maintenance (O&M) projects, with Rs. 77,210 million worth of projects in the pipeline, provides additional growth avenues. The government has also announced plans to expand the national highway network to 2,00,000 kilometres by FY37 which is 1,46,204 kilometres as of FY25. Urban mobility is another priority, as of November 2025, India has around 1,028 kilometres of operational metro rail across 23 cities. Additionally, approximately 861 kilometres of metro projects, including the remaining portion of the Delhi-Meerut RRTS, are under construction in various cities such as Delhi, Bangalore, Kolkata, Chennai, Kochi, Mumbai, Nagpur, Ahmedabad, Gandhinagar, Pune, Kanpur, Agra, Bhopal, Indore, Patna, Surat, and Meerut. Investments in this segment are expected to grow at a CAGR of 5-10% from FY24 to FY28. Similarly, investments in the Water Supply and Sanitation (WSS) sector are projected to grow at a CAGR of 10-12% from FY24 to FY28. In the airport sector, 159 operational airports currently manage approximately 327 million passengers annually. Opportunities for EPC players are expected to expand with plans to increase operational airports to 220 and add an additional 200 over the next two decades. The government is also prioritising multi-modal logistics parks under its PM Gati Shakti National Master Plan. This initiative integrates key projects such as Bharatmala, Sagarmala, and UDAN, ensuring streamlined infrastructure planning and monitoring. Public-Private Partnerships (PPPs) are being emphasised as critical to achieving India’s goal of becoming a USD 5 trillion economy, particularly in the development of airports, ports, highways, and logistics parks. Overall, the infrastructure sector is expected to grow at a CAGR of approximately 8% from CY24 to CY30, driven by investments across roads and highways, railways, metros, and the water supply and sanitation sectors. These ambitious initiatives collectively position India’s infrastructure sector as apivotal driver in its aspiration to achieve developed nation status by 2047. Read more