All through 2020, we have urged the Government to relook at its priorities and prioritise infrastructure. We have written open letters to the Finance Minister, sent letters to the Prime Minister, and published several articles around the year to accomplish this objective.
The Ministry of Finance has announced that debt financing of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) by Foreign Portfolio Investors (FPIs) would be enabled by making suitable amendments in the relevant legislations.
With the advent of COVID-19, the entire focus of the industry is now on hands-free, seamless access through built spaces. The most common surfaces we touch in our daily life are door handles and elevator buttons. And these are probably the surfaces most susceptible to the spread of viruses.