India is a key country for our regional strategy: Ivanhoe Cambridge MD

India is a key country for our regional strategy as we aim at steady growth in the Asia-Pacific region, says Chanakya Chakravarthi, MD, Ivanhoe Cambridge

Recently, Ivanhoe Cambridge, the real estate subsidiary of Canada’s second-largest pension fund Caisse de depot et placement du Quebec (CDPQ) and Singaporean investor Mapletree announced a Rs 15,400-crore partnership to develop, own, and operate technology-focused office spaces in the country. Chanakya Chakravarti, managing director, India, Asia-Pacific, of Ivanhoe, in conversation with Raghavendra Kamath, talks about the investor’s new ventures and strategy for the Indian market. Edited excerpts:

With delay in the introduction of the Development of Enterprises and Services Hub (DESH) Bill, a slowdown in hiring in India, and changes in real estate investment trust (REIT) taxes, analysts say the