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Recognizing
the need to attract more investment in infrastructure, India opened
itself to private investment as a part of country's 1991 reform
program. There have since been some advances. Private sector
participation in infrastructure is an important focus of India's
Five-Year Plan for 1997-2001.The government also has established a high
level task force to attract investment, including private funds, to
project of national and regional importance.
India still receive infrastructure services largely through public
entities, usually part of a government department. The full potential
of the private participation to meet India's infrastructure needs is
largely untapped. The expected increase in demand for infrastructure
services points to the need for augmenting capacities and improving
efficiency in all areas.
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