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Infrastructure projects to take off again post election: Srei Chairman

Businesses have their cycles and problems and the lenders must take decisions on a case by case basis, says Srei chief Hemant Kanoria

Hemant Kanoria
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Srei Infrastructure Finance Chairman Hemant Kanoria

Ishita Ayan DuttNamrata Acharya
Kolkata-based Srei Infrastructure has signed an MoU to initiate preliminary discussions for acquiring Essel Mutual Fund. In an interview, Hemant Kanoria, Chairman, Srei Infrastructure Finance, tells Ishita Ayan Dutt and Namrata Acharya, that Srei has already got a mutual fund arm, with an approval for a debt fund. However, since there were not enough investors for the debt fund, the product was not launched. Srei is now exploring to revive the mutual fund business through anh  acquisition. Edited excerpts:

Q. What is your outlook for the infrastructure sector post-elections?

Our outlook for the infrastructure industry continues to remain positive. The