Why invest in infrastructure?Reliance has started Infrastructure fund, which is an open-ended equity scheme. Some of us might think, whether investing in infrastructure growth is profitable. Here are some reasons:
1.Under the current stable government, there is a thrust on infrastructure to move the economy to double digit growth figures.
2.The interim budget has approved a 77% increase in spending on infrastructural projects and already projects worth 70,000 crores have been given the go ahead.
3. By contributing to infrastructure projects, we also invest in something which can be used by us, like highways, power projects and railways.
4. In contrast to shares investment in companies dependant on outsource revenues, which are in turn dependant on global economic cues, infrastructural growth is dependant on the national policy and driven by public demand, which makes them a safer option.
This mail is not meant as a strategy to market Reliance shares, it is only explanatory in nature on the advantages involved in investing in infrastructural growth.