Monday 14 April 2025
 
»
 
»
Story

Gulf investors eye 100% FDI in India $80bn infra spend

NEW DELHI (India), August 23, 2021

India is set to unveil its $80.4 billion four-year plan to privatise its infrastructure assets in state-owned enterprises in the aviation, power, oil and gas sectors in which investors in the Gulf are expected to show interest, a report said.

In order to make asset monetisation attractive to foreign investors, the Indian government has recently allowed 100 per cent foreign direct investment in specific industries, reported Emirates News Agency WAM.

The privatization push by India’s Minister for Finance and Corporate Affairs, Nirmala Sitharaman will be called the National Monetization Pipeline (NMP).

"It comprises a four-year pipeline of the government's brownfield infrastructure assets. Besides providing visibility to investors, the NMP will also serve as a medium-term roadmap for the asset monetization initiative of the government," an official announcement today said.

A detailed book listing everything of investor interest will be released in the presence of Rajiv Kumar, Vice Chairman of NITI Aayog and Amitabh Kant, its CEO. NITI Aayog is the main policy think tank of the government of India, the report said.




Tags: India | FDI | foreign ownership | infrastructure plan |

More Industry, Logistics & Shipping Stories


Markets

calendarCalendar of Events

Partners

4580

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com