Source– This post on National Highway Infra Trust (NHIT) is based on the article “NHAI Unveils New Corporate Identity of National Highways Infra Trust” published in “PIB” on 14th June 2024.
Why in the News?
Recently, the new corporate identity with the launch of a logo was unveiled at NHAI Headquarters in New Delhi.
About National Highway Infra Trust (NHIT)
1. NHIT is an infrastructure investment trust established to support the Government of India’s National Monetization Pipeline (NMP).
2. NHIT was registered as a trust with SEBI in October 2020.
3. NHAI recently unveiled a new corporate identity for NHIT, including a new logo representing ‘Agility’ and ‘Progress’.
4. The new identity aligns with NHIT’s core values of Accountability, Agility, Continuous Learning, Excellence, Integrity, and Collaboration.
5. This launch marks a significant milestone in NHIT’s evolution and aims to enhance its brand visibility among stakeholders.
6. The new corporate identity and strategic initiatives position NHIT as a leading player in the InvIT space.
7. NHIT plays a critical role in channelizing financial capital for the further development of the National Highway network across India.
About New Logo
The new logo represents ‘Agility’ and ‘Progress’. It aims to enhance NHIT’s brand visibility among stakeholders and align its image with its core values: Accountability, Agility, Continuous Learning, Excellence, Integrity, and Collaboration.
About National Highway Authority of India (NHAI)
1. It is India’s premier highway infrastructure creator, responsible for developing, maintaining, and managing National Highways.
2. It operates under the administrative control of the Ministry of Road Transport and Highways.
3. It was constituted under the National Highways Authority of India Act, 1998. It became operational in February 1995.
4. The authority consists of a full-time Chairman and up to five full-time Members. There are four part-time Members appointed by the Central Government, including Secretary (Road Transport & Highways), Secretary (Expenditure), Secretary (Planning) and Director General (Road Development) & Special Secretary
5. NHAI has several specialized wings at its headquarters, including Technical Wing, Finance Wing, Administrative Wing and Vigilance Wing.
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