New Delhi, May 10 -- Union minister Nitin Gadkari unveiled plans to convert 25,000-30,000 km of existing with an investment of Rs.8-10 lakh crore while emphasising role of infrastructure development in India's economic strength and.

Addressing an event in New Delhi, the road transport and highways minister said the Ministry of Road Transport and Highways (MoRTH) would increasingly promote the Infrastructure Investment Trust (InvIT) model to raise capital from domestic investors for highway projects.

Gadkari said his vision is to execute road projects worth Rs.5-6 lakh crore every year.

Maintenance of these highways during that period will be handled by the contractors.

The minister said there's no issue if toll rates rise by up to 10%...