Speaking at AIIB's second annual meeting in Mumbai, interim finance minister Piyush Goyal said about $4.5 trillion worth of funding would be necessary for infrastructure products over the next ten years.

"Important challenges will be cost of that finance both equity and debt, another important challenge will be to create the availability of local resources, build up capacity to actually implement this level of projects," he said.

Read More: Piyush Goyal pushes for stable, predictable policy regimes for sustained growth

First Published:Jun 26, 2018 12:04 AM IST