Public and private sector collaboration necessary for India’s growth

India is poised to become a $7 trillion economy by 2030. In order to realize this potential, consistent and coordinated efforts will be needed between the public and private sectors.

This was a key takeaway in the Asia Pacific Real Assets Association (APREA) India Annual Conference, which took place at the Taj Palace in New Delhi on April 12. Discussions explored how this potential can be realized through active collaboration between regulators and the private sector, which consists of developers, institutional investors, investment and asset managers, and other stakeholders in the real assets industry.

According to Neel Raheja, president of Raheja Corp and chapter chairman of APREA India, the real estate sector attracted around $24 billion of foreign investment from 2017 to 2021. Southeast Asia is expected to be one of the leading sources of growth for the global economy.