financetom
Business
financetom
/
Business
/
Infrastructure investment gains prominence as a strong asset class — expert weighs in
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Infrastructure investment gains prominence as a strong asset class — expert weighs in
Oct 20, 2023 8:46 AM

India is currently embarking on a transformative journey, characterised by a bold governmental commitment to infuse an additional ₹110 lakh crore over the next five years into infrastructure development.

The central question is: How can domestic investors actively partake in the unfolding Indian infrastructure narrative? Concurrently, India's private credit market, a dynamic and integral component of the financial landscape, is playing a pivotal role in propelling economic expansion. Private lenders within this sector are catering to the diverse financing needs of businesses and individuals, particularly those who encounter challenges in accessing traditional banking channels.

Nitin Jain, the CEO of Neo Asset Management, recently shared insights with CNBC-TV18, shedding light on this evolving landscape. According to Jain, "From an infrastructure perspective, there's a substantial need for capital. A country as vast and ambitious as India, cannot progress without massive investments in infrastructure. It necessitates the infusion of private capital since government resources alone cannot suffice to create the necessary infrastructure. We serve as a conduit to provide capital from high-net-worth individuals (HNIs) and other investors, including institutions, sometimes offshore, channeling these investments into tangible assets and infrastructure projects in India."

Jain further emphasised, "Over the past 15 years, we've witnessed a substantial influx of private capital. However, institutional players such as pension funds and insurance companies face regulatory constraints, limiting their involvement primarily to fixed income bonds and exchange-traded funds (ETFs). These are alternative assets, and in my opinion, they should at least start evaluating the potential of these opportunities. Their participation could serve as a significant source of capital to catalyze India's infrastructure development and stimulate the country's economy."

Watch accompanying video for more

Also Read | IRB Infrastructure signs deals to implement Samakhiyali Santalpur BOT project

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lennox International Insider Sold Shares Worth $330,370, According to a Recent SEC Filing
Lennox International Insider Sold Shares Worth $330,370, According to a Recent SEC Filing
Nov 29, 2024
10:44 AM EST, 11/29/2024 (MT Newswires) -- Sherry Buck, Director, on November 27, 2024, sold 500 shares in Lennox International ( LII ) for $330,370. Following the Form 4 filing with the SEC, Buck has control over a total of 1,693 shares of the company, with 1,693 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1069202/000112760224028222/xslF345X05/form4.xml Price: 671.24, Change: +11.20, Percent Change: +1.70...
Chemed Insider Sold Shares Worth $421,356, According to a Recent SEC Filing
Chemed Insider Sold Shares Worth $421,356, According to a Recent SEC Filing
Nov 29, 2024
10:44 AM EST, 11/29/2024 (MT Newswires) -- Spencer S Lee, Executive Vice President, on November 27, 2024, sold 732 shares in Chemed ( CHE ) for $421,356. Following the Form 4 filing with the SEC, Lee has control over a total of 18,287 shares of the company, with 18,287 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/19584/000095017024131724/xslF345X05/ownership.xml Price: 574.66, Change: +3.35, Percent...
Aptevo Therapeutics Announces 1-for-37 Reverse Stock Split
Aptevo Therapeutics Announces 1-for-37 Reverse Stock Split
Nov 29, 2024
10:38 AM EST, 11/29/2024 (MT Newswires) -- Aptevo Therapeutics ( APVO ) said Friday it will conduct a 1-for-37 reverse stock split, effective Tuesday, to help the company meet Nasdaq's minimum bid price requirement of $1 per share. The split-adjusted shares will begin trading on the Nasdaq Capital Market on Wednesday, the company said. The reverse stock split will reduce...
Target to Offer Up to 50% Off Tech, Video Games in Two-Day Cyber Monday Sale
Target to Offer Up to 50% Off Tech, Video Games in Two-Day Cyber Monday Sale
Nov 29, 2024
10:40 AM EST, 11/29/2024 (MT Newswires) -- Target ( TGT ) said Friday that it will hold a two-day Cyber Monday sale starting Dec. 1, offering up to 50% off thousands of products like tech, video games, home items, and more. Beauty, vitamins, and nutrition products will be 25% off on Target.com and the Target ( TGT ) app. New...
Copyright 2023-2026 - www.financetom.com All Rights Reserved