Indian Railways on Tuesday said that the United Kingdom-based investors have shown tremendous interest in committing long term funds for the infrastructure development in India.
United Kingdom-based investors’ interest in India’s infrastructure sector was revealed during Railway Minister Suresh Prabhakar Prabhu’s two day visit to London from October 29-30, 2015.
During his two-day visit, Prabhu addressed a high level investors roundtable.
“The investors were unanimous in their appreciation of India’s growth effort and were positively inclined to commit long term funds for the infrastructure sector,” the railway ministry said in a statement.
“The investors welcomed the recent announcement permitting Indian corporates to issue rupee bonds overseas. The investors indicated that there would be good appetite for well-known names.”