Friday 10th February

Shriram Capital eyes infrastructure sector

by Pankaj Bindra on July 16th 2010 and filled under Building and Construction

NEW DELHI: Shriram Capital(SCL) is all set to venture out in the infrastructure sector in the coming next 12 months. SCL, the holding company of the Chennai-based Shriram group, believes that the infrastructure segment has tremendous potential for growth.

Although, the company hasn't prepared a roadmap yet but the company would invest some of its capital to promote the business.

Recently, the government announced that the infrastructure sector urgently requires nearly Rs 4,05,000-crore investment in the next five years, out of which Rs 2,02,500 crore would be coming from the private sector.