Tuesday, August 07, 2007

Private equity investments in India can touch $15b in 2007

The total of private equity investments in India is set to cross $10 billion in the calendar year 2007 and may even touch $15 billion according to PricewaterhouseCoopers.

In the last 18 months private equity investments in India have picked up pace. According to Pricewaterhouse in 2005 the total private equity investment was $3.8 billion, in 2006 it moved up to $7.9 billion and in the first half of 2007 it has already crossed $6 billion.

PwC’s Sanjeev Krishan said: “In the last 18 months at PwC, we have done more work for private equity investors than for strategic investors. It was always the other way around before that. Private equity investments can touch $15 billion this year.” Read More.

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