The infrastructure space has been suffering a lot over the last month or so. Manoj Gaur, executive chairman of Jaiprakash Associates told CNBC-TV18 that JP group has performed very well despite the difficulty faced by infrastructure space. Gaur expects the company to bring down their debt to Rs 15,000-16,000 crore by the end of FY12.
Jaiprakash Infratech is in damage control mode. It says the farmer protests will not impact its Yamuna Expressway project, report CNBC-TV18’s Anshu Sharma and Priyanka Ghosh.