“Private equity funds were active investors in projects and companies in the infra space, particularly road given the potential there was and the promise of good returns. In the past few years, we have not seen that level of interest post the infra slump. The sector is also not giving visibility of high returns and hence in my opinion difficult for PEs to invest in this area,”

Harish HV
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 20th June, 2017.