New Delhi, Sep 18 (IANS) Deal activity in India rebounded in 2024 after a slowdown in 2023, with 643 deals worth $17.1 billion recorded in the first half of the year, said a new report, adding that investors are eyeing a robust deal pipeline over the next three years.
Despite global economic headwinds, 50 per cent of survey respondents in the report anticipate a moderate increase in global fundraising over the next 12 to 18 months, with 67 per cent of them believing the increase will be gradual.
India’s favourable economic conditions position it well to attract a larger share of global capital, as funds reallocate their exposure from China to India, according to the report by Grant Thornton Bharat.
Investors remain optimistic, with 48 per cent predicting an exceptional level of deal activity over the next three years, driven by high-value deals in key sectors such as consumer, retail, healthcare, and technology, the report noted.
The concept of private equity being the ‘Fourth Wheel’ in India’s business landscape reflects its critical role alongside state-owned enterprises, Indian family businesses and multinationals.
This sector has emerged as a key growth driver, providing essential capital for entrepreneurship and innovation.
According to the survey report, 86 per cent of investors expect an increased allocation to India, driven by its robust GDP growth and strong public market performance,” the report mentioned.
It said that India is fast emerging as a significant player in the global private equity landscape, accounting for 20 per cent of all PE-VC investments in the Asia-Pacific region in 2023, up from 15 per cent in 2018.
The country’s leap to the 5th spot in global GDP rankings highlights its growing appeal for both global and domestic private equity investors.
“The role of technology, particularly artificial intelligence (AI), is expected to be transformative for the private equity sector. AI is already being utilised to enhance due diligence, portfolio management, and investment decision-making, providing firms with a competitive edge in an increasingly tech-driven landscape,” the report mentioned.
–IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
