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Infrastructure &
Built
Works.

Strategic intelligence across highways, airports, ports, urban infrastructure, construction materials, and project finance — serving infrastructure developers, EPC contractors, construction material companies, and infrastructure-focused PE and sovereign wealth funds.

90+
Infrastructure engagements completed
15yr
Sector experience
9
Infrastructure markets covered
$3.2B
Decisions supported
Coverage Areas

Every class of
infrastructure.

01 · Transport Infrastructure

Roads, Highways & Bridges

Traffic demand forecasting, toll revenue modelling, EPC contractor competitive landscape, and acquisition due diligence for highway and road infrastructure developers and infrastructure funds across India and Southeast Asia.

Traffic demandToll modellingEPC landscape
02 · Airports & Aviation Infra

Airports & Aviation Infrastructure

Passenger demand forecasting, cargo throughput analysis, aeronautical and non-aeronautical revenue benchmarking, and competitive positioning for airport operators, developers, and investors across South and Southeast Asia.

Passenger forecastingNon-aero revenueOperator benchmarks
03 · Ports & Maritime

Ports, Shipping & Maritime Logistics

Container throughput analysis, port capacity benchmarking, hinterland connectivity mapping, and M&A due diligence for port operators, shipping lines, and maritime infrastructure investors across Indian Ocean rim markets.

Throughput analysisCapacity benchmarksHinterland mapping
04 · Urban Infrastructure

Urban Infrastructure & Smart Cities

Water and sanitation project feasibility, urban transit demand research, smart city technology adoption, and investment analysis for urban infrastructure developers and municipal governments across Indian cities.

Urban transit demandSanitation feasibilitySmart city adoption
05 · Construction Materials

Cement, Steel & Building Materials

Cement and steel demand forecasting, regional supply-demand balance, channel dynamics, and competitive positioning for construction material producers competing in India's infrastructure-led construction supercycle.

Demand forecastingRegional supply-demandChannel research
06 · EPC & Project Delivery

EPC Contractors & Project Management

Contractor capability benchmarking, bid competitiveness analysis, subcontractor market mapping, and pre-award competitive intelligence for infrastructure owners and developers awarding large EPC contracts.

Contractor benchmarksBid analysisSubcontractor mapping

Questions we've answered for
infrastructure clients.

These are the actual questions clients bring to us. We've answered some version of each of them, multiple times, across multiple geographies.

What is the real traffic demand on the proposed Amritsar-Jamnagar corridor — and what toll rate does the traffic mix actually support on a 30-year concession?
We're bidding on an airport privatisation in Southeast Asia. What is the non-aeronautical revenue upside, who are the three competitors we'll face in final bidding, and what is their likely bid price?
Our cement plant in Rajasthan is running at 72% utilisation with margins 400bps below peers. Is this a demand problem, a fuel cost problem, a logistics problem, or a product-mix problem?
We're acquiring a port in Gujarat. Is the container volume projection credible, which shipping lines are contractually locked in versus discretionary, and what is the competitive threat from Mundra?
Which Indian states will see the highest EPC contract volume over the next 3 years — roads, railways, or urban infrastructure — and how should we position our contractor for maximum win rate?
We're a global construction materials company entering India. Which product category has the fastest path to scale, which regional distributor network is most credible, and what's the greenfield vs acquisition case?
Infrastructure Case Studies

Evidence of
decisions made better.

INFRA.01 · Highways · India

$500M Highway Concession Bid Intelligence

Global infrastructure fund bidding on 3 Indian highway concessions. NEO ran primary traffic demand surveys, competing bidder intelligence, and revenue model stress-testing for all three corridors. Fund won two of three bids.

2 of 3 concessions won · Revenue model validated
Read Case Study
INFRA.02 · Airports · Southeast Asia

Airport Privatisation: Bid Strategy Support

Infrastructure PE fund bidding on Southeast Asian airport privatisation. Passenger demand modelling, non-aeronautical revenue benchmarking, and competing consortium intelligence. Winning bid structured with differentiated revenue assumptions.

Winning bid structured · Non-aero upside quantified
Read Case Study
INFRA.03 · Construction Materials · M&A DD

$180M Cement Company Acquisition DD

Commercial due diligence on a mid-size Indian cement company. Regional demand-supply dynamics verified, logistics cost structure benchmarked, and channel economics validated across 4 states. Acquisition approved at revised price.

Acquisition approved · Pricing assumptions corrected
Read Case Study
Infrastructure Intelligence

Latest infrastructure
thinking.

Market Report

India's Infrastructure Supercycle: Where the Real EPC Opportunity Lies Over 2026–2030

March 2026
Strategy Brief

Non-Aeronautical Revenue at Indian Airports: The Benchmarks and What's Achievable

February 2026
Due Diligence Note

Infrastructure M&A DD: Traffic and Volume Assumptions — What Sellers Optimise and What Buyers Miss

December 2025
Infrastructure Practice Leadership

The team behind
the intelligence.

AV
Partner & Infrastructure Practice Lead
Ashok Venkatesh

20 years in infrastructure strategy and project finance advisory. Led 50+ mandates across highways, airports, ports, and urban infrastructure across India, Southeast Asia, and the GCC. Former KPMG Infrastructure Advisory.

PR
Director — Transport Infrastructure
Pooja Reddy

Specialist in traffic demand research and highway concession analytics. 14 years of primary traffic surveys, toll modelling, and EPC competitive intelligence across India's national and state highway programmes.

SM
Director — Ports & Construction Materials
Sunil Mathur

12 years in port and maritime logistics intelligence and construction materials market research. Specialist in throughput analysis, supply-demand modelling, and regional cement market dynamics across South Asia.

An infrastructure decision
you need to get right.
Brief the Infrastructure Practice →

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Rights to print / edit
40 hours of post-sales assistance by Market Analyst
20% or 70 hours customisation
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