PWC - Deals Landscape Infrastructure Sector in India

This report provides a comprehensive overview of the infrastructure sector in India, with a focus on mergers and acquisitions (M&As) and private equity (PE) trends in various sub-sectors. The report highlights that the infrastructure sector is a key driver for the Indian economy and a catalyst for the overall economic growth and development of the country. The sector is expected to play a crucial role in India's goal of achieving a USD 5-trillion economy. The report anticipates that the momentum of deal activity will continue in 2023 in sub-sectors such as energy, transportation, logistics and warehousing, urban and digital infrastructure, data centres, and roads and highways. The report also highlights that the transition to renewable energy is expected to be a key theme driving large-scale capital flows and M&A transactions in India's infrastructure sector. The renewable energy sector has seen a wave of M&A activity, with the acquisition of RE generation assets dominating deal activity. The report also notes that the road sector has achieved a critical mass of constructed, revenue-earning projects, making it an attractive space for global strategic and financial investors. E-commerce and supply chain optimization are expected to lead to deal activity in the warehousing and logistics sectors. Data centers and digital infrastructure are also promising sectors for deal activity due to rapid digitization and the government's mandate to localize data. Overall, the report provides valuable insights into the infrastructure sector in India and highlights the key trends and drivers of deal activity in various sub-sectors. The Indian government's investments in modernizing the country's infrastructure are expected to have a positive impact on the economy, making the infrastructure sector an attractive space for investors.