The elephant wants to ride a scooter

Implications: 1. Citi's investment constitutes a drop in the ocean. 2. India's infrastructure requires huge investments and a potential boom for construction companies. 

Analysis: India's infrastructure is in a poor shape.Anyone who gets into the market now is in for the long haul and can capitalise on the 'beginner's advantage'. Development of infrastructure be it ports, roads etc has been the priority of every Government in India but lack of action and funds and fiercely socialist political philosophy has been a drawback.Since 1991 all that has changed.But lack of political will power has seen the country sitting on the fence.

Enter globalisation. With BPOs and KPOs on one side and the dragon breathing fire on the other the elephant had to stir.The BPOs had put the Indian middle class into cars and the dragon is chasing the elephant all over the world for resources. India has to build the roads to accomodate all the vehicles which in the current scenario is on a bumper to bumper kissing spree.

Legendary Indian bureaucracy apart, investments in infrastructure present a long term opportunity. A clever mixture of tie-ups and options (such as BOO, BOT etc) can pay rich dividends.With major car manufacturers entering the fray which in a way has cracked the bureaucracy, making inroads into other areas should not be that difficult.
Citi's efforts could lead to bigger and better things and create opportunities for itself and others. A tale of Citi Pandit and Indian roads.