Funds May Put $25 Billion a Year in India Infrastructure, According to Ambit Capital
- Ambit’s Mody sees sovereign, pension investors piling in
- Roads and renewables, railways have attracted investment
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Global pension and sovereign wealth funds could invest around $25 billion a year in Indian infrastructure, according to investment bank Ambit Capital.
Funds appreciate the better regulatory framework, growth in India and commitment to the climate change requirement for the net-zero carbon policy, Rahul Mody, managing director and co-head of investment banking at Ambit, said in a Bloomberg Television interview on Friday.