Sriram capital sees infra biz lucrative

Shriram Capital (SCL), the holding company of the Chennai-based Shriram Group, is exploring possibilities to make its foray in the infrastructure sector in the coming next 12 months.

The company analyses tremendous opportunities in the infrastructure segment. However, there is no basic roadmap prepared but the company would invest some of its capital to promote the business. They measure 65% opportunities in the power sector.

The other verticals with enormous material include roads, ports and shipping.

The government had recently said the infrastructure sector needs about Rs 4,05,000-crore investment over the next five years of which Rs 2,02,500 crore would be coming from the private sector.