Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
12,086.70114.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

ISB graduates turn consultants for SEZ infrastructure project

The three year-old ISB-SREI Infrastructure Club seeks to create awareness on challenges faced by the sector as well as intricacies of project development.

, ET Bureau|
Updated: Aug 16, 2014, 11.10 AM IST
0Comments
The three year-old ISB-SREI Infrastructure Club seeks to create awareness on challenges faced by the sector as well as intricacies of project development.
The three year-old ISB-SREI Infrastructure Club seeks to create awareness on challenges faced by the sector as well as intricacies of project development.
HYDERABAD: The recent policy changes in the real estate and infrastructure segment to create a million jobs signals a revival of the sector. The industry-academia partnership between Indian School of Business and Kolkata-headquartered SREI Infrastructure Finance Limited provides an opportunity to management students to experience first-hand the challenges faced by the sector and the changes a different perspective can bring on-board.

The three year-old ISB-SREI Infrastructure Club seeks to create awareness on challenges faced by the sector as well as intricacies of project development, shaping a public-private partnership (PPP) as well as project finance through fundraising and international participation. "The present batch has 57 members from both Hyderabad and Mohali campuses of ISB, working on two case-studies which are projects of SREI," says Vishal Lunia, president of the Infrastructure Club at ISB.

In keeping with the policy changes introduced to bring the shine back to Special Economic Zones (SEZ) and expediting disposal of issues related to these projects, the club is presently working on SWOT analysis of two SEZs being developed by SREI at Alibag and Tuticorin. The analysis will provide possibility of commercially developing the area around the 450 acre engineering SEZ which is six months into construction. "The perspective provided by students come from different sectors including power, consulting, legal framework etc, which brings diverse suggestions on-board," adds Vishal Lunia.

"The suggestions made by the previous batches were incorporated to convert an SEZ into an industrial park as well as re-branding the company in its 25th year," says Dhruv Bhalla, vice president and head of international business at SREI. The 500 acre Guptamoni SEZ at Kharagpur, West Bengal was proposed to be converted into an industrial park in 2011 due to lack of clarity on Direct Tax Code implemented back then. The company also signed joint ventures in Africa for infrastructure development in the sectors of energy and telecom.

Also Read

Talks on to extend SEZ sunset clause

New SEZ investments made attractive

Tripura gets its first-ever SEZ

Many units in Nokia Telecom SEZ may reopen by March 2020

ONGC wants to take Opal out of SEZ as domestic demand grows

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service