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Asia's PE investors opt for India, China: KPMG survey
By siliconindia
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Wednesday, 12 December 2007, 18:13 IST
Singapore: A survey by KPMG, a global network of professional firms providing audit, tax, and advisory services reported private equity (PE) investors in Asia regarded India as the second best market of choice. China is considered as the best market of choice for PE investments said the study.
About 119 private equity firms participated in the survey. 61 percent of the respondents said they have assets in China while 37 percent have assets in India. Australia and Singapore shared the third position with 29 percent followed by Taiwan with 28 percent and Japan with 21 percent.
Indonesia is considered as the least penetrated market. Growing wealth and personal disposal income of the middle class has elevated interest in personal consumption in markets like China and India said Diana Koh, Head of the KPMG private equity group.