India has identified a significant pipeline of infrastructure projects as part of a plan to invest INR102 lakh crore ($1.39 trillion) in the asset class over the next five years, according to various news sources.
This week, Finance Minister Nirmala Sitharaman said a slew of energy, roads, railways and urban infrastructure projects had been named by a task force under the National Infrastructure Pipeline (NIP). Of these, nearly half — 42 percent — are already under implementation, 19 percent are under development and 31 percent are still at the conception stage.
According to The Hindu, the financing plan states that 39 percent of the projects will be funded by the government and the states, while the private sector will cover 22 percent of the outlay.
In early December, Sitharaman announced plans to roll out a plethora of infrastructure investments in an effort to drive ec
