Australian firm signs $110-million road deal in India.

An Australian firm has secured a $110-million deal to apply its 'instant highway' technology to create a road network that would transform regional Maharashtra.

The Queensland-based Global Road Technology Australia secured the deal with Indian construction and energy giant Triace. It would see the firm’s road stabilisation technology applied on the ground through a joint venture with Indian firm Pearls Group — to be called Pearls GR.

The million-dollar agreement would see the technology laid on 7,000 km of road in India, according to The Courier Mail report recently.

HBL