International Investments in Roads
The roads sector has witnessed a strong growth trajectory and the roads conference aptly chose multiple power-packed panel discussions.
Tapping into India’s economic engine
In a remarkable achievement, the country has doubled its road network over the past decade, which has not only enhanced connectivity but also attracted substantial investments from infrastructure investment trusts (InvITs). “From the investor’s perspective,” said Vijay Agarwal, Managing Director, Equirus Capital, “around 13 infrastructure investment trusts have been invested in road assets and nearly `2 trillion is under investment.” Similarly, drawing from Upa Lokayukta Sanjay Bhatia’s remarks, Muraleemohan, COO, Maple Infra, highlighted growing international interest in Indian road assets and emphasised, “The time to be in India is now.” He noted that the Government’s policies have created an unprecedented coexistence of multiple investor, developer and contractor classes within the highway industry, noting that the ecosystem offers equal opportunities to all players. “This is what excites international investors,” he added...To read the full article Click Here
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