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Investments in infrastructure up by 25% in 2019, highest since 2016

However, number of deals dropped to 58 from 64, according to Inframation, an Acuris company, data

Infrastructure projects, infra sector
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An ongoing infrastructure project

T E Narasimhan Chennai
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. The deal also underscores investor interest in the country's roads sector.

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