Aashish Kalra of Trikona Capital is a key player in the development and investment of infrastructure and real estate in India. Trikona Capital is one of the few key players in building new roads, townships, hospitals and other infrastructure-related projects in India. For instance they are one of the largest owners of private roads in India and are also one of the largest commercial real estate builders in the country. Trikona is involved in the building of one of the largest hotels in South Mumbai that is being designed by Fox and Fowles, who built the Reuters Building in Times Square in Manhattan.
I caught up with Aashish at a TiE Conference in New York last week to find out more about Trikona Capital and their investments. Trikona is the first Indian company to list on the Alternative Investment Market at the London Stock Exchange. In this lengthy interview, Aashish paints a comprehensive picture of the developments and investment in the infrastructure and real estate sectors in India. For instance, one of the most interesting projects that Trikona is working on is the urban rejuvenation project in Mumbai, and Aashish talks about how and where this urban rejuvenation projects are taking place.
Aashish has some interesting thoughts to share about the India-China comparison, especially in the infrastructure space.
What does Aashish think of the India story? Is the real estate market heating up in India? India is one of the top-performing economies in the world with a growth rate of almost 9 percent, and a few weeks ago its GDP crossed one trillion dollars. What are the bumps ahead? Can India handle them and continue in its path of economic progress?
Tags: Aashish Kalra, Trikona Capital, TiE
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