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Investments in renewables, roads, realty to rise in FY25 & 26 to Rs 15 lakh crore
The Business Guardian
|June 19, 2024
Investments in India's key infrastructure sectors -renewable energy, roads and real estate are expected to grow 38 per cent in fiscals 2025 and 2026 compared with the previous two fiscals to Rs 15 lakh crore.
The surge will ride on India's need for creation of sustainable infrastructure by adding more green power to the energy mix, improving physical connectivity through a denser road network, as well as rising demand for residential and commercial real estate, as emerges from CRISIL's Ratings Annual Infrastructure Summit 2024 on Tuesday.
The underlying demand drivers in these three sectors remain strong, with regular policy interventions fuelling investor interest. This has also supported healthy credit risk profiles of private players and strengthened their execution and funding capabilities. Regular policy interventions in these sectors have also increased investor interest, thus providing opportunities to developers to unlock equity capital, according to Manish Gupta, Senior Director and Deputy Chief Ratings Officer.
This story is from the June 19, 2024 edition of The Business Guardian.
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