Russian Direct Investment Fund or commonly known as RDIF – Russia’s sovereign wealth fund (with reserved capital of $10 billion) has been increasing its footprints in India steadily eyeing to boost infrastructure funding.
The start of the new financial year provides us with an opportunity to look at developments that could herald the next big step for Indian infrastructure. These would help push the country further on to the global stage and propel economic growth. Here is our wish list for the Indian infrastructure sector in financial year 2018-19.
As large institutional investors with operational capacities plough money into Indian infrastructure, it is important that we also keep an eye on attracting the relatively small, non-operating investors as well. Mobilising capital from a variety of sources will be important for India to bridge the infrastructure gap.