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Toll mopup might high Rs 70,000 cr in 2024

by Index Investing News
December 26, 2024
in Financial
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New Delhi: India’s toll assortment in 2024 might surpass ₹70,000 crore, authorities information signifies, as common each day collections proceed to rise on the again of addition of recent toll plazas and a pickup in financial exercise.Digital toll assortment within the almost 12 months until December 22 stood at ₹68,037.60 crore, a leap of 9.2% over the earlier full-year determine. Day by day common assortment in 2024 stood at ₹191.14 crore as in opposition to ₹170.66 crore final yr.

A senior authorities official instructed ET that the addition of recent toll plazas this yr coupled with higher effectivity and pickup in logistics exercise to assist elevated consumption has added to the yearly toll assortment.

“The federal government goals to supply seamless motion on highways, and therefore we’re including extra toll roads,” the official mentioned. “It will assist generate extra income whereas guaranteeing that highway travellers save on time and price of journey.”

In FY24, India added 94 toll plazas, taking the rely to 933 as on April 1, 2024. Within the first eight months of FY25 (April 1 to November 30, 2024), the variety of toll plazas added stood at 70. The overall toll size within the nation went up from 42,595 km on April 1, 2023 to 46,884 km on April 1, 2024, an addition of 4,289 km, whereas the toll size added within the present fiscal yr until November 30 stood at 3,059.6 km.


“Toll assortment has proven sustained momentum within the second half of the yr, aided by the festive season. Additionally, during the last couple of years, there was addition of recent toll plazas, which has helped in a delta improve,” Jagannarayan Padmanabhan, world head of consulting, Crisil Market Intelligence and Analytics, mentioned. “This constructive momentum is predicted to proceed for the subsequent quarter as properly.”India has 1,040 toll plazas throughout the nation, of which 1,003 are beneath the management of the Nationwide Highways Authority of India, which comes beneath the ministry of highway transport and highways.

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