IDFC's Vikram Limaye: Infrastructure Development in India Has a "Huge Entrepreneurial Element"
Episode Description
The Infrastructure Development Finance Company (IDFC) was set up in 1997 to spur infrastructure development in India. Entrepreneurs have played a leading role in this arena, points out IDFC executive director Vikram Limaye in an interview with India Knowledge@Wharton. Limaye believes the private sector's participation in the country's infrastructure development will increase in the coming years, but cautions that India will now have to compete with the rest of the world to attract the necessary investments. đź“‚ Public Policy
Brief Summary
Vikrum Mehta discusses India's infrastructure, focusing on private sector roles, entrepreneurship, and the impact of global downturns on capital access.
Key points
- The Role of Entrepreneurs in Infrastructure. Entrepreneurs have significantly contributed to India's infrastructure success, often taking risks to build world-class facilities.
- Private Sector's Growing Influence. Private sector involvement has grown to account for 50% of infrastructure development in India.
- Urban vs. Rural Infrastructure Needs. Urban transportation and sanitation are critical areas for infrastructure investment in India.
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Episode highlights
- The Role of Entrepreneurs in InfrastructureEntrepreneurs have significantly contributed to India's infrastructure success, often taking risks to build world-class facilities.“Entrepreneurship in infrastructure is a huge success story.”0:37Aug 20, 2010
- Private Sector's Growing InfluencePrivate sector involvement has grown to account for 50% of infrastructure development in India.1:50Aug 20, 2010
- Urban vs. Rural Infrastructure NeedsUrban transportation and sanitation are critical areas for infrastructure investment in India.8:10Aug 20, 2010
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