INFRA STRUCTURE - A SMART INVESTMENT FIELD

One of the important learnings of this era of economic globalization has been the role of quality infrastructure in economic success.
It is now evident and clear that building high quality infrastructure is a pre-requisite for building a globally competitive economy.
The success stories built on investment in infrastructure in developed countries and more recently in South East Asia, Middle East and China etc are for all to see.
Global capital and models of public private partnerships are facilitating “early take - off” of these aspirations of building quality infrastructure.Whether it is growing Asia, emerging Europe, developing Africa or resurgent Latin America, the story of infrastructure development is on the front pages.
Closer home, we have witnessed success stories in the Golden Quadrilateral / Delhi Metro / Telecom infrastructure projects through public-private partnerships. New success stories in the areas of airports, power generation and distribution / SEZs are in the process of taking shape.
Thus the infrastructure phenomenon is happening in India and other growing economies.
The learning from other countries is helping to focus attention on building quality roads, airports, communication and power networks. Empirical evidence from the experience of developed economies suggests that development of urban infrastructure pays handsome dividends in establishing long term growth trajectories in growing economies.As we have seen economies in their growth phase show a much higher appetite and need for rapid infrastructure development, this has been chosen as the investment theme.The wheels of growing economies move on its infrastructure