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Sectors to Add to Your Portfolio

Posted By On 10:23 PM Under

Infrastrucutre is one thing which India needs and Mr Kamal Nath is at the helm of the affairs and thus the dream of adding 12,000 kilometre of new roads worth Rs 1,000 bn by the end of this year is likely to come true.

However these roads are likely to be built on the basis of toll-based model and it is likely that foreign investors from places like Asia, Europe and the US are likely to be roped for the said purpose.

India requires about Rs 2,000 bn over the next three years and Mr Kamal Nath is considering innovative financing instruments that will fund road projects and attract domestic and foreign investors.

Thus as a net result one can say that sectors like engineering/capital goods, cement, and steel are likely to witness phenomenal growth and one as a long term investor can add the stocks for their portfolio.

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