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Core sector: opportunities abound

Core sector: opportunities abound
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First Published: Wed, Mar 18 2009. 01 15 AM IST

Updated: Wed, Mar 18 2009. 11 54 AM IST
India had envisaged an investment of $500 billion (Rs25.65 trillion) in infrastructure for the 11th Plan between 2007 and 2012. However, most sectors, apart from power, have lagged. The ports sector achieved 85%, highways 50% and airports 75% of planned capacity.
Also See Core Sector (Graphic)
Despite missed targets, the infrastructure sector is still a substantial opportunity for financial sector players, with potential revenue of $10-12 billion till 2014 and between $25 billion and $29 billion after that, says ‘Building India: Financing and Investing in Infrastructure’, a report by consulting firm McKinsey and Co. The report, released on Tuesday, looks at structural and regulatory issues impeding the infrastructure sector, and the way forward.
Photograph by Rajkumar / Mint
Graphics by Ahmed Raza Khan / Mint
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First Published: Wed, Mar 18 2009. 01 15 AM IST