After a lull in deal-making activity (both private equity and M&As) post the credit crisis (in 2008), a slow revival in deals in 2009 gave way to a surge at the end of 2010. While certain sectors totally lost out in the business churn (read: real estate) and commodity price cycle (read:metals), others came to the forefront. Investors were particularly attracted to the domestic consumption story with deal flow in consumer goods and services industries besides the energy vertical within the overarching infrastructure sector becoming the dominant theme of sector concentration. Here's a look at a handful of most active sectors in 2010 in terms of PE capital-raising and M&As, based on data from VCCedge:-
Consumer Staples: In a country with over 1 billion people, consumer staples is the evergreen sector where demand never shrinks. At best it shifts from high priced products to cheaper variants as large multinational giants have learnt the hard way. But, in a booming economy, there is space for everyone and thatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.