Union Minister Nitin Gadkari on Thursday invited global investors to participate in the development of India’s infrastructure sector.
The Minister of Road Transport and Highways and Shipping made out the invitation in his address to the London Stock Exchange (LSE) after “opening the market for trading”.
In his address to the world’s largest Sovereign Wealth Funds, Global Macro Funds and International Asset Managers, Gadkari pointed out the government’s various development initiatives in the infrastructure sector.
The minister highlighted the development of national highways, ports and inland waterways for passengers and cargo usage under these initiatives.
Besides, the National Highways Authority of India (NHAI) listed its rupee denominated masala bonds at the LSE.
Gadkari told investors that infrastructure Masala Bonds are a “major initiative” being encouraged by the government to attract investors.