PE investments in India decline by 72 percent

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New Delhi: After a downtrend in investments in countries like Germany, Italy, Japan and Singapore, the financial crisis is triggering investments slowdown in India. The Private equity (PE) investments in India have seen a decline by 72 percent. There is a subsequent slowdown since initially a large number of investments came in through the international funds which in turn were funded by major international financial institutions. "The total number of PE deals during the first 10 months of 2008 stands at 274, with an announced value of $9.67 billion as against 328 deals amounting to $13.43 billion during the corresponding period in 2007," global consulting major Grant Thornton said. Infact, even the companies as part of their retrenchment measures are warily inspecting the investment options. However, experts are of the opinion that though there is a considerable decline in the investment scene yet the Asia-Pacific region will soon recover from it. Compared to the other regions Asia is expected to step up in a much faster pace.