Investments in Indian infrastructure increased by around 25 per cent to $ 28.74 billion in 2019, highest since 2016. Sale of Sadbhav Engineering’s nine road projects lead the investment flow in 2019. In 2018, the sector attracted $22.91 billion.
However, number of deals dropped to 58 from 64, according to Inframation, an Acuris company, data. Sale of Sadbhav Engineering’s nine road projects for $ 993.5 million to an infrastructure investment trust (InvIT) backed by Canada Pension Plan Investment Board (CPPIB) was India’s biggest infrastructure M&A deal in 2019.