India may work with China on roads, high speed rail: Kamal Nath

India may consider a partnership with China for road and high-speed rail projects, minister of road transport and highways Kamal Nath said.

Nath made the comment at the Credit Suisse Asian Investment Conference in Hong Kong on Monday.

India is inviting overseas participation in the country's road projects. In July last year, Nath said he expected foreign investors to fund half of the $20 billion per year earmarked for road construction and was seeking investment from pension funds and private equity.

India will need to spend $70 billion building roads over the next three years as it looks to infrastructure spending to stimulate demand and boost the economy. Of the total, $40 billion could come from private investors, with a quarter of that coming for overseas.