The share of private investments in the infrastructure sector has fallen to a decade low of around 25 per cent in FY18 steeply down from a high of 37 per cent in FY08, says a report.
Private investments, which averaged 37 per cent between fiscals 2008 and 2013, fell by 600 basis points (bps) between fiscals 2013 and 2017 to 31 per cent, which fell a steep 600 bps further to 25 per cent in FY18, as a plethora of stalled projects and stressed assets dampened investor interest and risk appetite.
“A material ramp-up in government spending in the past few years has meant the share of private investments in infrastructure has fallen to a decadal low of around 25 per cent in FY18,” according to an Crisil InfraIndex. Read more
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