Following Hyderabad-based GMR Infrastructure's successful bid for the new Istanbul airport and DS Construction's acquisition of energy company Globeleq's US assets, many mid-size infrastructure companies are planning to venture overseas.
Over the past two years, some 30 mid-career bureaucrats are said to have joined the private sector as COOs, CEOs and partners in consultancies.
State governments are gradually taking initiative as far as developing highways is concerned.
There is a need to set up independent regulatory authorities on energy, transport and urban infrastructure at the state level to ensure smooth implementation of infrastructure projects, especially those which are taken up on the PPP (public private partnership) model, said Vinayak Chatterjee, co-chairman of the CII National Council on Infrastructure and chairman of Feedback Ventures Limited.
According to consultancy and advisory firm Feedback Ventures, increasing human resources costs and pressure on pricing from medical insurers and third party payers could impact profitability of the country's private healthcare players.
An investment of Rs 40,000 to Rs 60,000 crore (Rs 400-600 billion) will be required over the next five years to maintain the Indian average looking at the population growth," FeedBack Ventures President (Infrastructure Advisory Division) Monika Sood told reporters in New Delhi.
Feedback Ventures, an infrastructure consulting company, Arcelor-Mittal, and Reliance Retail are among the 25-30 companies that went to the Indian Institute of Management, Ahmedabad (IIM-A) this time.