Nitin Gadkari seeks US funds for India's road sector.

Union road transport and highways minister Nitin Gadkari has reached out to US insurance and pension funds asking them to invest in the country's road sector.

The minister said GatiShakti , announced by Prime Minister Narendra Modi in his Independence Day speech, will provide a framework for holistic and integrated infrastructure development in the country.

Addressing the American Chamber of Commerce's 29th AGM, Gadkari said his ministry was planning to raise $15 billion through the monetisation of highways over the next five years.