MUMBAI: Goldman Sachs has said that India's infrastructure fund needs can be managed from internal resources without much reliance on external sources of finances. It has estimated that the country will need $1.7 trillion over the next decade to meet its infrastructure requirements.

Goldman Sachs, in a study released on Wednesday said that a rising savings rate -- owing to favourable demographics -- and robust balance sheets should allow India to finance most of its infrastructure needs domestically.

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Posted by rjorr at September 17, 2009 2:34 PM