The Department of Economic Affairs and Ministry of Finance in partnership with SBI Caps is organizing an ‘India Investment Summit’ on 4th and 5th February, 2016, in national capital.
A large Number of long term investors including Sovereign Wealth Funds and Pension Funds across the globe are expected to participate in the two day Summit. Apart from the infrastructure related Central Ministries/Departments, many State Governments will also take part in the Summit. For the two days, special focus would be on investment opportunities in the sectors of road transport, highways, ports, urban infrastructure, railways, power and renewable energy, besides State Level projects. The concerned Ministers, Senior Offici
als and Regulators will be present for interaction/discussions with the investors.
The Summit would showcase and discuss the huge long term infrastructure investment opportunities in India. The Government of India has already established National Investment and Infrastructure Fund (NIIF) as a Category II Alternate Investment Fund (AIF) under the Securities and Exchange Board of India (SEBI) Regulations. NIIF is to be financed with Government’s own contribution along with equity participation from both foreign and domestic strategic anchor partners with Government’s share being 49%. The objective of NIIF is to maximise economic impact mainly through infrastructure development in commercially viable projects, both greenfield and brownfield, including stalled projects and other nationally important projects.
Arun Jaitley, Minister of Finance, Corporate Affairs and Information & Broadcasting, Government of India would be the Chief Guest and will address the Summit on February 4, 2016.
A booklet containing the list of possible infrastructure projects for funding will also be released during the Summit.
To facilitate detailed discussions on specific State Government projects and other projects, the entire day of 5th February, 2016 is going to see focused meetings with investors in various formats.
Picture Courtesy: Shilpin Patel (freeimages)