Investments in infrastructure up by whopping 25 per cent to USD 28.74 billion in 2019

12 August 2020 - 12:00 am UTC

Investments in Indian infrastructure shot up by about 25 per cent to $28.74 billion 2019 — the highest since 2016. In 2018, the sector managed to receive about $22.91 billion. However, the number of mergers and acquisitions (M&A) deals in 2019 plunged to 58 from 64 in 2018, according to data compiled by Inframation. Of the total amount received, renewable energy attracted the highest share of investments at 35 per cent, followed by power and transport sectors that attracted 25 per cent and 24 per cent respectively.

Read the full article at The New Indian Express