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Capital market reforms important for India, says KKR India

Sanjay Nayar, chief financial officer and country head of KKR India feels capital market reforms are important for India.

March 08, 2011 / 15:01 IST
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Finance Minister Pranab Mukherjee announced a slew of measures to boost investment in the infrastructure sector. The measures include the issuance of tax-free bonds worth Rs 30,000 crore and extending income tax exemption on tax-saving infrastructure bonds up to a maximum of Rs 20,000 for one more year.


However, Sanjay Nayar, chief executive officer and country head of KKR India says getting foreign institutional money via corporate bonds may not be the most appropriate solution for infra financing. "It is, however, a good start," he says.


In order to boost infra space, Nayar says, a track record of asset being created on time and delivery of expected returns is a must. "There have got to be fewer and fewer execution hurdles," he adds. 


Nayar says investors should focus on India

first published: Mar 7, 2011 12:40 pm

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