Source: Financial Times

By Joe Leahy in Mumbai

An Indian infrastructure fund being set up by UK-based 3i Group could have a role to play if the government pushes through with a proposal to mobilise some of the country's foreign reserves for investment in infrastructure.

Last month, 3i announced a strategic partnership with the government's India Infrastructure Finance Company to invest together in projects on a case-by-case basis. The private equity house is set to begin pre-marketing for its $5bn fund.

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Posted by pichu at May 13, 2007 11:17 PM