India has made a significant progress in attracting private investments in the infrastructure sector. Over a decade (2002-2012), private sector has invested approximately US$ 250 billion in various infrastructure projects. More importantly, investment in infrastructure as a percentage of GDP increased from 4.9 per cent in 2002-03 to about 7.2 per cent in 2011 - 12 and is expected to reach 10 per cent of GDP by 2016-17. Going forward in the XII Plan period (2012- 17), the Government is expecting about half of the total investment requirement of US$ 970 billion in the infrastructure sector to come from private sources, including FDI. Over a decade (2002-2012), private sector has invested approximately US$ 250 billion in various infrastructure projects. Realizing the massive investment requirements and need for better and competitive infrastructure services, Government of India has adopted a new approach with PPP as the cornerstone of its policy framework. The current policy framework allows 100% FDI in most infrastructure sectors with no restriction on repatriation of profit. Moreover, the Government of India has launched a Viability Gap Funding Scheme to enhance the financial viability of competitively bid infrastructure projects. Through its National Committee on Infrastructure and Sectoral Committees, CII is deeply engaged in building a robust infrastructure sector and in addressing specific policy interventions on behalf of the industry with regard to specific areas of Roads & Highways; Airports & Aviation; Railways; Ports & Shipping; and Urban Infrastructure & Housing. CII Infrastructure Division engages the central & state governments; the industry and other stakeholders to work towards making Public Private Partnerships – PPPs – as the cornerstone for building the state-of-the-art infrastructure in India.
India has made a significant progress in attracting private investments in the infrastructure sector. Over a decade (2002-2012), private sector has invested approximately US$ 250 billion in various infrastructure projects. More importantly, investment in infrastructure as a percentage of GDP increased from 4.9 per cent in 2002-03 to about 7.2 per cent in 2011 - 12 and is expected to reach 10 per cent of GDP by 2016-17. Going forward in the XII Plan period (2012- 17), the Government is expecting about half of the total investment requirement of US$ 970 billion in the infrastructure sector ...