At a time when global economies are showing sluggish trends, 2015 was in many ways a record-breaking year for India. Even in the current scenario, India has been able to attract more FDI, which has surged by close to 35 per cent in the last 17 months.
The investment behaviour looks promising with the top private equity deals being successfully made: Ola at $400 million in April, CMS Info Systems at $440 million and Shriram City Union Finance at $383 million in May, Crompton Greaves Consumer Electricals at $315 million in April, Flipkart at $700 million and ACT Broadband at $500 million in July, Snapdeal at $500 million in August, Ola at $500 million and Intelenet Global Services at $383 million in September, and ICICI Prudential Life at $295 million in November.
A good number of investment opportunities have been seen in the food processing, automotive, textiles, electronics, garments, construction and renewable energy sectors. The mega infrastructure project of Chennai-Bengaluru Industrial Corridor is in the pipeline and is expected to boost commerce manifold.