Indian cos are witnessing a sharp spike in demand for dollar bond offerings

With rising M&A activity, Indian companies are getting direct access to newer markets, and better technologies

Indian companies are witnessing a sharp spike in demand for their dollar bond offerings thus giving a respite from the ongoing liquidity issues in the local markets.

Statistics collated by BS Research Bureau shows that Indian companies raised $13.74 billion in the first 10 months of calendar 2019 as compared to $1.65 billion raised in the same period of last year. The energy and infrastructure companies are getting a good response from investors as their track record in debt repayment is far better than real estate and telecom companies from India, say bankers.

Indian Oil, Network i2i Ltd, Shriram Transport