India has favourable investment climate: PE players
Monday, 31 January 2011, 15:14 IST
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India has favourable investment climate: PE players
New Delhi: In view of sound economic growth and rising domestic demand, private equity players say that India now has a better investment scenario compared to 2007, according to a survey. Global consultancy Protiviti's survey also found that sectors such as energy and infrastructure are likely to see higher allocation from PE funds in short to medium term. "Strong self consumption driven by the great Indian middle class and consistent economic growth ranked higher in respondent's minds as reason for a more favourable investment environment now as compared to 2007," the report said. The findings are based on a survey of senior executives at more than 25 PE firms. According to the report, basic sectors - energy, infrastructure/real estate, education and pharma/healthcare are expected to be top performers, attracting higher PE funds.
Source: PTI
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