Mid-Year Review: India's Deal Landscape 2021

PwC’s publication 'Deals in India: Mid-year Review and Outlook for 2021 – Resilience and Recovery' presents a detailed analysis of India's economic landscape amidst the challenges posed by the COVID-19 pandemic.

The study evaluates the impact of global uncertainties, governmental policies, and investor sentiments on deal activities in the country. The study also highlights key themes that emerged in 2021, including divergent asset valuations, accelerated deals in digital and technology sectors, and heightened focus on environmental, social, and governance (ESG) concerns. Driven by India's demographic dividend, favourable policies, and entrepreneurial initiatives, the publication forecasts a continued growth trajectory for the country. Deal activities are anticipated to gain momentum in the second half of 2021, reflecting resilience, recovery, and a dynamic market landscape.

Particularly notable was the robust performance of the private equity (PE) sector. Moreover, there is an emphasis on the government's strategic initiatives, such as Production Linked Incentive (PLI) schemes and reforms, aimed at boosting investor confidence and positioning India as an attractive investment destination.

The report anticipates a promising outlook for India's deal landscape - the focus on Atma Nirbhar Bharat (self-reliant India) is expected to stimulate investments and reduce import dependencies, while the privatisation of public sector undertakings (PSUs) is likely to attract substantial investor interest.