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The lurking debt disaster behind India's tallest tower

The lurking debt disaster behind India's tallest tower

FromFT News in Focus


The lurking debt disaster behind India's tallest tower

FromFT News in Focus

ratings:
Length:
7 minutes
Released:
Jul 24, 2019
Format:
Podcast episode

Description

In the past decade, some of India’s largest financial groups have made big investments in luxury property, notably an ambitious Mumbai tower that was supposed to set new standards in urban design. But the economic boom they hoped would spur demand failed to materialise. Jyotsna Singh talks to Benjamin Parkin in Mumbai about what went wrong and the resulting debt crisis that is holding back growth.Contributors: Jyotsna Singh, Delhi reporter, and Benjamin Parkin, Mumbai correspondent. Proucers: Jyotsna Singh and Fiona Symon For information regarding your data privacy, visit acast.com/privacy
Released:
Jul 24, 2019
Format:
Podcast episode

Titles in the series (100)

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.