GRI interviews infra investors: Malcolm Wrigley (Engie)
India is a hotspot of growth in a world economy that can’t be ignored, says India Country Manager at Engie.
November 22, 2018Infrastructure
GRI Hub is interviewing a number of major investors about the current scenario and prospects for infrastructure investments in India. This will be one of the main topics under discussion at the Infra India GRI 2019, which will take place on January 29th and 30th in Delhi.
Here's what Malcolm Wrigley, India Country Manager at Engie, says:
Is Engie planning to invest in the infrastructure sector in India in the next 12-24 months?
Yes. India is a hotspot of growth in a world economy that can’t be ignored when many other markets are stalling or slowing.
Which amount will be invested?
We are planning more investment going forward in the past, probably double or treble.
In your opinion, does the Indian infrastructure offer good opportunities in terms of risk-return?
We would consider the Indian infra sector to be offering reasonable returns, as there is a healthy level of competition from local and international players.
Which Indian infrastructure segments seem to be more attractive now?
We are focussed on power and energy because this is our business.
Do you see any kind of obstacle when it comes to global players investing in the Indian infrastructure? How is it possible to face them?
The risk of corruption is ever present, MNCs [multinational corporations] operating to international standards need to remain vigilant against this.
How do you compare the Indian infrastructure sector to other countries – specially emerging ones – in terms of attractiveness for investments?
India is attractive as compared to other emerging economies simply because of its sheer size and rate of growth.
Here's what Malcolm Wrigley, India Country Manager at Engie, says:
Is Engie planning to invest in the infrastructure sector in India in the next 12-24 months?
Yes. India is a hotspot of growth in a world economy that can’t be ignored when many other markets are stalling or slowing.
Which amount will be invested?
We are planning more investment going forward in the past, probably double or treble.
In your opinion, does the Indian infrastructure offer good opportunities in terms of risk-return?
We would consider the Indian infra sector to be offering reasonable returns, as there is a healthy level of competition from local and international players.
Which Indian infrastructure segments seem to be more attractive now?
We are focussed on power and energy because this is our business.
Do you see any kind of obstacle when it comes to global players investing in the Indian infrastructure? How is it possible to face them?
The risk of corruption is ever present, MNCs [multinational corporations] operating to international standards need to remain vigilant against this.
How do you compare the Indian infrastructure sector to other countries – specially emerging ones – in terms of attractiveness for investments?
India is attractive as compared to other emerging economies simply because of its sheer size and rate of growth.
