Sovereign funds may invest directly in infra projects: report

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Sovereign funds may invest directly in infra projects: report

Feb 21, 2020 14:53 IST

Sovereign wealth funds are likely to change their investment strategy for Indian infrastructure projects and are expected to use the direct investment route more in the near future, compared to the current trend of investing through funds or joint ventures. As per a report the 100% tax exemption announced for sovereign wealth funds for their investments in infrastructure in the Union Budget 2020, would help increase investments into affordable housing, logistics and warehousing.

Economy