InvITs can be platform to channelise foreign capital: Harsh Shah, CEO, IndiGrid
Infrastructure investment trusts (InvITs) preside over Rs 70,000 crore of assets under management (AUM), across sectors like real estate, gas transmission, telecom and power. Harsh Shah, CEO of KKR-backed IndiGrid, India’s first InvIT in power sector, tells Vikas Srivastava that, given India’s huge need for investment in infrastructure and the need to keep fiscal deficit under control, InvITs can be presented as a viable form of investment platform where large amount of foreign and domestic capital can be harnessed in near future.
