A wave of consolidation may soon sweep India's fragmented auto components industry as top private equity firms are buying and aggregating mid-sized parts makers to tap the lucrative global market.
Saudi Arabia's Crown Prince Mohammed bin Salman is expected to announce investments in energy and infrastructure during a visit to India and Pakistan in coming days as part of his efforts to wean the Saudi economy off oil exports.
2018 was also the year when the great Indian sale of stressed assets brought new opportunities for PE players to battle it out with strategic investors to grab more than a dozen odd large companies.
Buoyed by the success of ride-hailing firms Ola and Uber Technologies Inc., investors are pouring funds into the next wave of mobility startups in India as urban transportation bookings move online.
Such record levels of dry powder in the market suggest an improvement in the fundraising environment, and reflect growing interest of limited partners in the India story.
Venture capitalists are looking to back entrepreneurs in cities such as Jaipur and Kochi in order to find these products and services that can unlock the vast but scattered potential of small-town India.
Several venture capital professionals, and founding members of leading VC firms, are setting up their own firms as investors look to back smaller funds, hoping their nimbler approach will deliver bigger returns.
Indian companies have been involved in deals worth a record $97.6 billion this year. Top banker JPMorgan Chase & Co. is predicting more offshore interest in the nation, particularly in technology, media and telecom.
India's $2.3 trillion equity market has surged in recent years, and is about to get a new endorsement from the nation's pension regulator. India's equity culture may also get a boost from a stewardship code to be rolled out for the country's fund managers to push for corporate-governance best practices.