National Highways Infra Trust

NHIT is an infrastructure investment trust (InvIT) formed by the National Highways Authority of India (NHAI) to manage and invest in operational road assets across India. It was registered as an InvIT under the SEBI (InvIT) Regulations on 28 October 2020, and focuses on monetizing national highways through toll road projects, with its portfolio expanded in stages over time. NHAI serves as the primary promoter of NHIT, supported by experienced professionals and a team drawn from NHAI, while the trust also draws backing from reputed global investors, including pension funds and mutual funds, which strengthens its credibility and support base. The trust holds a diversified portfolio of operational toll road assets spread across several Indian states, managing these assets through subsidiaries, collecting toll revenue, and ensuring their upkeep and improvement. The InvIT structure offers diversification through its toll road portfolio, generating steady cash flow from long-term concession agreements. NHIT benefits from a strong sponsor, experienced management, and a robust financial framework supporting liquidity and debt management.