India Needs 10 EPCs of L&T's Size: Parth Jindal

INDIA's infrastructure growth ambitions could be held back by a limited pool of large-scale engineering, procurement and construction (EPC) contractors and outdated construction methods, warns Parth Jindal, MD, JSW Cement.

- Dipak Mondal @ New Delhi

In a recent interaction, Jindal said while the Indian economy has potential to grow faster than 7%, one of the major stumbling blocks is lack of sufficient high-quality EPC players. "Whenever we try to build a factory, my team always comes back and says, there's only L&T," Jindal said, stressing the urgent need for at least 10 to