• SENSEX
    NIFTY 50
VIDEOS
Economy

India may need $4.5 trillion for funding infrastructure over the next 10 years, says Piyush Goyal

Updated : June 26, 2018 06:17 AM IST

Speaking at AIIB's second annual meeting in Mumbai, interim finance minister  Piyush Goyal said about $4.5 trillion worth of funding would be necessary for infrastructure products over the next ten years.

"Important challenges will be cost of that finance both equity and debt, another important challenge will be to create the availability of local resources, build up capacity to actually implement this level of projects," he said.

Read More: Piyush Goyal pushes for stable, predictable policy regimes for sustained growth
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV