Financial influencer Sharan Hegde’s newsletter today introduced me to the concept of Infrastructure Investment Trusts (InvITs). In his words, InvITs are:
Infrastructure Investment Trusts (InvITs) offer you partial ownership in infrastructure projects.
They are trusts that hold, manage, and make investments in both finished and ongoing infrastructure projects.
These trusts provide income through dividends, interest, and capital gains.
The infrastructure projects include telephone towers, electricity distribution networks, public roads, highways etc.
Sharan Hegde, REITs vs InvITs (newsletter dated 3 November 2023)
I wondered how this could be applied to the space sector in India.
I think these could be easily used to build launch pads, wind tunnel testing infrastructure, generic (which can be used by a large group of space companies) clean rooms, etc. Maybe they can be used to build satellites as well?
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