Originally posted by sureshbazi
GMR infra in Airports etc |
....with too much of govt control and interventions, huge initial costs leading to long gestation periods ....long pending land aquistions costs and problems ...this would be a difficult sector as of now ...I would look for pure play operators instead who will be asset light ....dont have too much of impact due to govt interventions ...the developers still have a uphill task...if they dont get their math right ...case is Hyderbad airport where expected trafffic has been below expectation so far .