Tata Realty and Infrastructure and Actis will jointly invest $200m in road and highway projects in India.

Tata is expected to contribute $122.5m through its subsidiary TRIL Roads Private Limited (TRPL) while Actis will spend $77.5m.

TRPL is intending to undertake road and highway projects worth $2bn over the next few years.

The joint venture is expected to bid for grants to upgrade, operate and toll Indian roads and highways.