Infrastructure seen as bright spot in Indian PE

Indian private equity is going through a trying time, but deals and exit opportunities are viable, with the infrastructure sector in particular showing promise, says an industry pioneer. “The last couple of years have been very difficult, there’s no doubt about it,” says Archana Hingorani, chief executive of IL&FS Investment Managers Limited (IIML), one of India’s largest private equity firms, running more than $3.2 billion in assets. PE fund managers have to work harder on …