In an interview with CNBC-TV18, LV Raju, MD, Kernex Microsystems shares his outlook on how these reforms will impact sectors and eventually the economy.
We are not able to evolve a proper business model and financial model as far as sharing of revenue is concerned
Colonel LV Raju
MD
Kernex Microsystems
The government on Wednesday notified the liberalised foreign direct investment (FDI) norms for the railway infrastructure in sectors such as dedicated freight corridors and high-speed train projects, allowing 100 percent FDI through automatic route in the sector.
In an interview with CNBC-TV18's Reema Tendulkar and Ekta Batra, LV Raju, MD of Kernex Microsystems shares his outlook on how these reforms will impact sectors and eventually the economy.
In addition, Raju believes FDI in rail and defence will encourage an investment of Rs 50,000 crore in the coming 2-3 years.
Below is the verbatim transcript of the interview:
Q: Could you quantify how much of an opportunity this is in terms of at least for Kernex Microsystems?
A: I won't say how much for my company but generally most of the companies in India who are dealing with the railways, I think this is a big opportunity. This FDI in both the things combined together, I would like to say about Rs 50,000 crore is likely to be invested in about two-three years time.
Q: Have you been in conversation with any foreign investor with regards to the interest that they would have in your company or a particular project that you all are looking to implement?
A: The question is a lot of foreign companies are in pact with us at present. The issue today is what are the projects that could start immediately. So it will take some time because the government has to give nuts and bolts of the policy. So the policy has to come out. I am saying is the implementation procedure is very important for any foreign investor comes into India providing he can make some little bit of money here. It should be a win-win situation so the government has to show for what happened in last five-ten years, there has not been much inflow into the railways from the foreign direct investment.
We are not able to evolve a proper business model and financial model as far as sharing of revenue is concerned, that is what it is the government has to work out a sharing of revenues. It has to be attractive. Indian railways have to be made very attractive for foreign investors then only the foreign investors will come. But if that is not the case, I am sure you can make any policies and it will not going to attract any capital, I can assure you that.
Anda sedang membaca artikel tentang
'FDI reforms to push 5K cr investment in eco over 2-3yrs'
Dengan url
https://kebugaranhidup.blogspot.com/2014/08/fdi-reforms-to-push-5k-cr-investment-in.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
'FDI reforms to push 5K cr investment in eco over 2-3yrs'
namun jangan lupa untuk meletakkan link
'FDI reforms to push 5K cr investment in eco over 2-3yrs'
sebagai sumbernya
0 komentar:
Posting Komentar