“Although 2016 saw a decline in PE activity, we are hopeful for 2017. It could be the year of reckoning for the country where implementation of structural policies and reforms such as the GST (goods and services tax) and the recently announced measures in the Union Budget 2017, by way of massive push to the infrastructure sector, plans to integrate the transport architecture, renewed focus on affordable housing and a boost for ease of doing business will drive growth,”

Harish HV
Partner, Grant Thornton India LLP

This article apeared in Live Mint on 7th March, 2017.