“The overall activity in February has been slightly slow perhaps because of the much awaited Union Budget announcement earlier in the month. with the government’s proposal to abolish FIPB along with the global uncertainties, India will perhaps see a further surge in inbound investments which should peak in the last quarter of 2017. With domestic growth back on track post-demonetisation, coupled with visibility on critical reforms like GST, domestic M&A in core sectors will continue to grow in value and volume.”
Partner, Grant Thornton India LLP
This article apeared in Financial Express on 15th March, 2017.