Friday, April 24, 2009

‘‘We are the largest private sector ‘EPC’ player in India...’’

ZEE BUSINESS BEST B SCHOOL SURVEY

Lalit Jalan, CEO, R-Infra, discusses the company’s aggressive plans in this exclusive with B&E

B&E: How does the company view its role in India’s development vis-à-vis the ongoing oil, energy and power crisis?
LJ: As far as India’s growth is concerned, the biggest hurdle is infrastructure. If India wants to continue growing at 9% it needs the requisite infrastructure in roads, power, ports etc. Earlier, the government controlled infrastructure development. But it failed because it lacked the funds, the technical and marketing expertise and was plagued with corruption. Then it roped in the private sector. So now public-private partnership is becoming a reality in infrastructure. The private partner builds the road without charging anything from the government. They maintain the road, again without charging anything from the government. In return, the government and the private player share the revenue generated from the users of the road. The same also applies to other types of infrastructure projects like airports.


For more articles, Click on IIPM Article.
Source :
IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and
Arindam Chaudhuri (Renowned Management Guru and Economist).


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