The next set of merger and acquisitions are expected in the Indian port sector despite the recent rise in cost of purchasing terminals, according to a study. "Ports are increasingly attracting the interest of investors. The merger and acquisitions trend in port have hit India, too," Ernst and Young said in a study. One of the main reasons why there would be an increase in M&A activities in this sector is that investors feel that port offers a steady source of income, it found. Financial investors, especially with a long-term horizon, like port assets because these assets tend to generate steady cash flows and high margins.   more »