The Bengal Chamber of Commerce & Industry (BCC&I) organised the BCC&I Infrastructure Conclave on 29 November, 2024 at India Habitat Centre, New Delhi.
The Bengal Chamber of Commerce & Industry (BCC&I) organised the BCC&I Infrastructure Conclave on 29 November, 2024 at India Habitat Centre, New Delhi. The theme of the Conclave was “Strategizing Infrastructure Growth to Reach $7 Trillion Economy by 2030.”
Mr. NRVVMK Rajendra Kumar, Member (Finance), National Highways Authority of India was the Guest of Honour. He mentioned that Government cannot do infrastructure development alone. Private investment need to improve in the road sector. Our efforts towards infrastructure has to be resilient, transparent and sustainable and both private and public participation is very important. Capital expenditure has increased over the years with multiplier effect on various segment of economy. In road sector, still 85 to 90 percent of cost of the project are covered by public expenditure. We need to strategize more private investment in road sector. Private investment has a lot of potential in the road sector. Infrastructure projects need to attract finance. InvITs could be a game changer for infrastructure financing in India. Bankers and financiers have to be included in the infrastructure finance ecosystem and trust is a very important factor among all the stakeholders. Disclosure of everything except reserve price is a strategy that has been fruitful. The three pillars of infrastructure growth are maximization of public value, trust and transparency and development of markets.
Mr. Dip Kishore Sen, Former Whole time Director, Ecom Member & Advisor to CMD for Development Projects, Minerals & Metals, LTSSHF, & L&T Aviation & L&T SuFin, Larsen & Toubro Limited & Chair, National Infrastructure Committee, BCC&I delivered the Welcome Address and Mr. Arnab Basu, President, BCC&I and Advisory Leader, PricewaterhouseCoopers Pvt Ltd. delivered the Opening Address.
The other important speakers were Dr. Esther Malini Victor, Head- Client Relations & Contracts Administration, Epic Concesiones 3 Ltd., Mr. A K Singh, Head – Technical, Operations and BD Support, Adani Transport Ltd., Mr. Manish Kumar, Executive Vice President & Chief Technical Officer, ITD Cementation India Ltd., Mr. Sudhir Hoshing, CEO, IRB Infrastructure Developers Ltd. and Member, National Infrastructure Committee, BCC&I, Mr. P. Uday Kumar Reddy, GM, Metro Railway, Kolkata and Member, National Infrastructure Committee, BCC&I, Mr. Pawan Kant, CEO, Interise Trust , Mr. Jaideep Rajeshwarkar, Senior VP, Business Development & Project Operations, KEC International Ltd., Mr. Santosh Kumar Singh, Chief Sustainability Officer, L&T, Mr. Nilesh Shrivastava, Partner, National Investment and Infrastructure Fund (NIIF), Mr. Bhadresh Pathak, Chief Executive-L&T SuFin and Member, National Infrastructure Committee, BCC&I, Mr. Ram Periyagaram, Partner, PwC, Mr. Arvind Chari, Senior Vice President – Application Engineering, JSW One Platforms, Ms. Riddhi Gupta, Head-Sales & Strategy, A.TReDS Ltd. (Invoicemart), and many more.
