Actis JV with Tata targets up to $2b
Another indicator of the potential for infrastructure investment in India – and the importance of a local corporate partner in the Subcontinent – surfaced recently with Actis Capital’s announcement of a JV with Indian conglomerate Tata Group to invest up to $2 billion – through its own capital, bank lending, and government support – over five years in Indian road infrastructure.
The JV, called TRIL Roads, is hoping to capitalize on the Indian government’s push for new highway construction. The Indian central government is looking to increase its highways program under the...
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