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Investing in India

A Case of Incremental But Radical Transformations

UofT India Innovation Institute Speaker Series @ Rotman
Speaker: Hari Sankaran, Vice Chair & MD, Infrastructure Leasing & Financial Services Limited (IL&FS)
November 25, 2015

Event Synopsis

India has become a destination for international investment with the leadership of Prime Minister Narendra Modi whose party, the BJP, was elected with an unprecedented majority in the Lok Sabha in May 2014. Drawing on award-­‐winning examples of innovative infrastructure development and infrastructure finance projects conducted by Infrastructure Leasing and Financial Service Hari Sankaran will discuss the company's strategy and plans for the future, and what we can expect in India going forward given the country’s anticipated growth trajectory. IL&FS is a leading infrastructure development and finance company that pioneered trend-­‐setting project development concepts in public-­‐private-­‐partnership (PPP) in infrastructure. IL&FS works across India in many sectors including: transportation, area and cluster development, power, finance, airports and ports, water and waste management, environment and social, urban infrastructure, education, integrated infrastructure solutions, and SMEs.


Mr. Sankaran has been pivotal in developing the IL&FS business portfolio and award-­‐winning PPP projects. After taking a Master's Degree in Economics from The London School of Economics and Political Science in the UK, Mr. Sankaran served as Project Finance Specialist with Industrial Credit & Investment Corporation of India (ICICI). He moved to IL&FS as Chief Economist in 1990 and later served as the Joint Managing Director and CEO, and then Vice Chairman of the Board and CEO. Mr. Sankaran serves on a number of boards in India and overseas. He is a former chair of the Infrastructure Committee of The Federation of Indian Chambers of Commerce and Industry (FICCI).