+
InvIT: A preferred vehicle crosses AUM of Rs 4 trillion
ECONOMY & POLICY

InvIT: A preferred vehicle crosses AUM of Rs 4 trillion

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. 

To read the full story, CLICK HERE.

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. To read the full story, CLICK HERE.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code