FCC

Rewriting the Roads Story

2026-03-28

India’s highway story is entering a decisive new phase. For over a decade, the sector was defined by scale – record kilometres built, expanding expressways and aggressive project awards. Today, that narrative is evolving. The industry is moving beyond speed, towards durability, financial discipline and execution excellence.

What is emerging is a more nuanced ecosystem, where contractors are becoming selective, states are taking centre stage, technology gaps are slowing ambition and sustainability is no longer optional.

Contractor mindset shift

At the core of this transition is a visible shift in contractor behaviour. Sudhir Hoshing, Director, Ceigall, captures this change succinctly: Contractors are no longer chasing every project – they are choosing them. “You are working for profit,” he emphasises, reflecting a more disciplined, risk-aware approach to bidding. This selectivity is rooted in ground realities. While central agencies offer structured processes and payment security, state-level projects present a far more varied landscape...

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