India Likely to See USD10 Bn Worth PE Investments in 2011: E&Y


New Delhi, Jun 19 (PTI) India is likely to see private equity investments to the tune of USD 10 billion in 2011, especially as more companies look beyond capital markets to meet their funding needs, according to global consultancy E&Y.

Sluggish stock market trends and increased investor activities are resulting in higher Private Equity (PE) investments, which was close to USD 4.5 billion till May, 2011.

"... the current activity and deal pipeline suggests that we could see similar number as in 2008 (close to USD 10 billion)," Ernst & Young Partner (PE) Mayank Rastogi said about expected private equity investment in 2011.

Last year, the country saw PE investments worth over USD 6 billion.

"The market remains buoyant and the activity levels are high. The sluggish capital markets are also supporting the PE activity... Till May, 2011, we had close to USD 4.

  

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Title: India Likely to See USD10 Bn Worth PE Investments in 2011: E&Y



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