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Private sector to play significant role in Indian infrastructure: Assocham

Friday, 07 Jul 2006
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Indian infrastructure development is likely to see investment of Rs.3.2 trillion over the next six years, according to Mr Gajendra Haldea, Advisor to the Planning Commission Deputy Chairman. He was speaking at the occasion of releasing a study by Assocham, titled "Infrastructure: The $150 billion growth story".

Mr Haldea added that highways alone with see an investment of Rs.2.2 trillion over the next six years with 75 per cent coming from public-private partnership. The development of ports will see Rs.60,000 crore while airports development will attract another Rs.40,000 crore. He added that resource mobilisation would not be a constraint given that the government would shortly announce a PPP enabling model for infrastructure programmes to be implemented in the XI Plan period (2007-12).

In all, Indian infrastructure would need investment of Rs.6.5 trillion ($150 billion) for various development programmes, according to the study.

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