Indian states to tap infra trusts to replicate New Delhi's success, sources say

Indian states are increasingly adopting Infrastructure Investment Trusts (InvITs) to monetise assets, inspired by the federal government's success. States like Maharashtra, Gujarat, and Tamil Nadu are preparing independent InvITs, while Rajasthan explores pooling assets with NHAI. This strategy aims to attract wider investment, diversify infrastructure sectors, and recycle capital for new projects.