Mumbai, Oct. 9 -- After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival. With highway contracts from the National Highway Authority of India (NHAI) drying up over the past two years, engineering, procurement, and construction (EPC) firms specialising in roads have seen revenues stall and margins tighten.

Now, industry players and experts alike are keeping their eyes peeled on the second half of FY26, anticipating a pick-up in highway tenders. Leading listed EPC firms with a significant focus on roads include IRB Infrastructure Developers Ltd, Ashoka Buildcon Ltd, HG Infra Engineering Ltd, Hindustan Construction Company Ltd (HCC), and Dilip Buildcon Ltd.

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