Demonetisation

Note ban seen hurting consumer, retail deals

“PE monies seem to have been diverted towards e-commerce/start-ups, and inbound investment seems to have been on hold due to the lack of scalability demonstrated by FMCG companies.”

Prashant Mehra
Partner, Grant Thornton in India LLP

This article apeared in Live Mint on 14th December, 2016.