Changing Landscape for Private Equity - Indian Tax and Regulatory Insights

With many positives now backing the Indian PE / VC story, strong 1Q numbers and the deal momentum in play, we believe that PE / VC investment activity in 2018 may eclipse the record highs seen in 2017. The changes unleashed by the Insolvency and Bankruptcy Code (IBC) have opened India to a new PE asset class of stressed assets/distressed debt, adding more wind to the already fullsails of the Indian PE/VC story. The infrastructure asset class too is expected to see a lot of investment dollars, especially in the roads sector as the government looks to privatize arterial routes to fund their ambitious roads’ capex plans. Real estate is also projected to see good investment activity, especially commercial real estate as more “REITable” platforms get built.