InvIT: A preferred vehicle crosses AUM of Rs 4 trillion

13 Oct 2023 CW Team

The Government has aimed to monetise assets of more than Rs 6 trillion as per National Infrastructure Pipeline (NIP). InVIT (Infrastructure Investment Trust) will be a mainstay to achieve National Infrastructure Pipeline (NIP) targets for various government departments, explains Vijay Agrawal, Director, Equirus Capital Pvt Ltd.

India wishes to become a $ 5 trillion economy in the next 3 to 5 years. This goal is achievable given the vibrancy in the Indian economy. The growth will be supported by better infrastructure including roads, airports, ports, urban centres, industrial parks, multimodal logistics etc. The Government of India has committed to invest more than Rs 100 trillion in the next five years to upgrade infrastructure. New greenfield expressways have been planned for faster movement of goods and passengers. New highways have been planned for interconnectivity and reduction in distance. Overall this will result in reduced time for movement between two destinations. The port connectivity has been improved for faster evacuation of goods from ports.

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Infrastructure Energy

24 Sep 2025

B Sairam Recommended as Next Chairman of Coal India

The government headhunter, Public Enterprises Selection Board (PESB), has recommended B Sairam, current Chairman and Managing Director (CMD) of Northern Coalfields Ltd (NCL), as the next Chairman of coal giant Coal India Limited (CIL).The new Coal India CMD is expected to tackle operational challenges, including increasing coal production and improving evacuation, as the government pushes to boost domestic output and reduce reliance on coal imports. NCL is a subsidiary of CIL.PESB confirmed the recommendation on its website, noting that Sairam was selected following interviews with ten other c..

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