InvITs to acquire over Rs 4 lakh cr of infra assets in five years: Icra

Mumbai: Infrastructure Investment Trusts (InvITs) are likely to acquire infrastructure assets worth over Rs 4 lakh crore in the next five years as the market matures, a domestic ratings agency said on Tuesday. At present, there are six InvITs which have raised over Rs 27,600 crore from investors, while a seventh entity is in advanced stage of raising Rs 25,200 crore, Icra NSE -0.32 % said.

The total value of assets under these seven InvITs is estimated at Rs 1.3 lakh crore and InvITs are likely to gain significant traction in the next few years, it said.