India is seeking a $41bn private-sector investment for road projects over the next three to four years, Minister of Road Transport and Highways Kamal Nath has said.

From the private sector investments, an additional $10bn will be raised in foreign funds, according to online.wsj.com.

The Indian Government said it is looking to put up 70 road projects totalling $70bn for tendering in the next six months.

Bids for nine new road projects are expected to be tabled in the next two months.

The Indian Government has set a target of building 20km of highways a day to drive its economic growth.