‘South India Infrastructure Investment Summit’ organised by CII

Several bottlenecks in the system are making it difficult for the infrastructure sector to attract funding, which is necessary to meet the investment requirements, said Narayan Sethuramon, Vice Chairman, CII Tamil Nadu, here on Thursday.

Speaking at the ‘South India Infrastructure Investment Summit’, organised by Confederation of Indian Industry (CII), Mr Sethuramon said sustainable infrastructure development is more crucial than the development which ignored the environmental and other concerns. The development should be in such a way that it should bring long-lasting solutions to the issues and help improve the standard of living of the people, he said.

Private participation is now well established in many sectors such as power, telecom, roads, ports and airports. This enabled the government to direct its resources more effectively to irrigation, water supply and sanitation where private participation is yet to mature. The investment over the last five years in sectors such as telecom, roads, highways, oil and gas pipelines was much higher than projected while in some sectors it was marginally short.

Saud Siddique of Srei Infrastructure Finance Ltd said coal for power sector, laying railway tracks and passenger transportation could be taken up under private public partnership. Elaborating this, Mr Siddique said while the government could monitor the process, the private agency could take up the implementation part.

M. Narendra, CMD, Indian Overseas Bank, spoke on the occasion.


  • “Bottlenecks in the system are making it difficult for the infrastructure sector to attract funding”

  • “Private participation is now well established in many sectors such as power, telecom, roads”