Vinci SA, a French engineering and infrastructure firm, is poised to acquire Macquarie Asset Management's Indian platform, Safeway Concessions, for an estimated $1.7 billion (₹15,000 crore). This acquisition includes rights to operate nine highways totaling nearly 700 kilometers across Andhra Pradesh and Gujarat. Safeway Concessions was initially acquired by Macquarie in 2018 for about ₹9,680 crore (around $1.49 billion) under the National Highways Authority of India’s toll-operate-transfer (TOT) model. The deal is part of Vinci's strategy to re-enter the Indian market after exiting in 2015 due to unfavorable policy changes. The company plans to establish a dedicated unit for these assets, avoiding the complexities of an infrastructure investment trust. The growing demand for road usage in India, bolstered by a rapidly expanding middle class, reinforces the attractiveness of this investment. Regulatory approvals are pending, with a financial close expected by the end of 2026. The National Highways Authority of India has identified further assets for monetization, indicating a robust outlook for the sector.