Wide scope for investment in domestic infra sector: Morparia

General infrastructural deficiencies in various sectors in India could generate investment opportunities, said J P Morgan CEO.

VADODARA: General infrastructural deficiencies in various sectors in India could generate investment opportunities, said J P Morgan Chief Executive Officer Kalpana Morparia here.

"Power generation capacity, road network, port capacity and airport capacity offer good opportunity for investment," Morparia said yesterday while addressing the 92nd annual general meeting (AGM) of the Federation of Gujarat Industries on theme of "Global Economic Uncertainities".

She said as far as the road network (kms per million people) is concerned, India is at the bottom of the list while Brazil tops the list followed by Russia, China, Indonesia, South Korea, Taiwan and South Africa.

Talking about port capacity (tons per person), the CEO said Taiwan is at the top slot in the list of eight countries of South Korea, Brazil, Russia, China, South Africa, India and Indonesia.

As far as airport capacity (per person) is concerned, Taiwan is ahead among eight countries while India is at the lowest end, she said.

Morparia observed that the prospects of a double-dip recession seem real in the backdrop of instable global economic situation.
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