Most investors continue to shy away from the long investment cycle, remain sceptical about the industrial economy An analysis of the top 40 PE deals this year shows that there have been hardly any investments in the manufacturing sector as most investors continue to shy away from the long investment cycle and remain sceptical about improvement in the industrial economy in India. Most investors continue to bet on consumption driven sectors with consumer technology firms remaining top picks. The gestation period of investments in the manufacturing sector is long and private equity investors remain reluctant to put...