Investing in Indian infrastructure: opportunities and risks

Author: IFLR Correspondent | Published: 8 Aug 2019

India has done much to reform the investment process for infrastructure development and it is planning for ambitious growth. Amit Kapur of J Sagar Associates investigates how foreign investors should ready themselves.

Over the last decade, India has built some world class infrastructure facilities such as the Delhi and Mumbai airports. Indian projects often suffer crippling time and cost overruns due to delays in the construction phase: land issues, rights of way, practical environmental challenges and other delays in securing consents. This led to India's infrastructure deficit emerging as a key constraint for the country's economic growth.

India has also started work on some ambitious new projects, among them the hyperloop connecting Mumbai with Pune and the bullet train between Ahmedabad and Mumbai. The government plans to give an investment-driven push to infrastructure with investments of over $3 trillion during 2019-2024. A look at the journey so...