India has the second largest road network in the world, spanning a total of 4.7 million km. This is used to transport over 60% of all goods in the country and 85% of total passenger traffic. The Planning Commission of India aims to spend nearly 20% of the total investment of USD 1 trillion during the 12th Five Year Plan (2012–17) to develop roads. Apart from BOT model, NHAI has been lately emphasizing on the EPC and OMT models to attract private players. Various state level bodies like MPRDC, GSRDC are structuring small projects on annuity basis and these projects provide a lucrative opportunity for private players as the competition in this segment remains confined to a few local players. A recent development is the establishment of infrastructure debt funds for refinancing of projects.