What’s your take on the potential of the sector?
The fact that the latest estimate for funds needed for developing India’s infrastructure is over $320 billion over the next 5 years, itself indicates the opportunities ahead for infrastructure developers and funding agencies. Government has already laid stress on public-private-partnership, without which this huge target is difficult to achieve.
There is no doubt that India needs a substantial step-up in its infrastructure efforts, given its dream of becoming one of the leading economic powerhouses in the world. Also in order to maintain the growth rate in excess of 9%, the country will have to create infrastructural facilities, both industrial and social, much faster.
As a large player in private sector, SREI Infrastructure Finance is clearly aware of the opportunities as well as the role it has, as also needs to play in infrastructure sector.
What was the rationale behind getting listed on LSE?
By listing on London Stock Exchange, we have achieved three objectives – firstly, we have been able to considerably expand our investor base and made it more international. Secondly, we have been able to raise further capital to grow our business, and lastly it has allowed us to open the door for becoming an Indian multinational company.
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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Wednesday, April 02, 2008
High on the highway!
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