India’s toll roads are likely to witness a 14-15 per cent growth in collections in FY22, ratings agency ICRA said in a report.Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 per cent in FY21.
“Road traffic has witnessed a marked improvement in H2 FY2021 after subdued traffic witnessed in the initial months, post resumption of tolling from April 20, 2020.
This has been driven by increased movement of both - passenger and commercial vehicles, resulting in growth of around 10 per cent on a YoY basis.”