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Infrastructure: A great opportunity or a great myth?

January 23, 2020 / 08:40 PM IST
Infrastructure: A great opportunity or a great myth?

Highlights - Headline-grabbing targets for infrastructure spend over-ambitious - Many infra projects languishing due to cost over-runs - Track record of meeting infra spend targets dismal - The math of proposed private sector investment doesn’t add up - Most infra companies have destroyed shareholder value - The NSE Infrastructure index has barely moved - The infra dream could turn out to be a mirage If you are an investor who solely relied on big picture investing, by now you would know how difficult it is. Be it real estate, education, healthcare, infrastructure, power and...

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