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“A new PE wave is in the offing where it will be looked at as an alternative means of funding domestic consolidation. among the many things going for India is a strong domestic economy —ADB estimates India to grow at 7.2% in 2017-18 and 7.7% in 2018-19 — and that sets it apart from other markets in the region. The strong domestic Indian economy today is a very different story than China’s,”

Prashant Mehra
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 14th May, 2017.