Private Equities and Venture Capitalists to Invest More Than $8.5 Billion in India
Tuesday, August 5th, 2008According to a report released in New Delhi, VCs and private equities are expected to invest more than $8.5 billion (Rs. 358 Billion) in the next 5 years. The report was released by consulting giant Deloitte and industry lobby Associated Chambers of Commerce and Industry of India (Assocham). The major thrust areas are going to be Biotechnology and life sciences, logistics, clean technology, film production and education. Until now, the investors invested mostly in the area of Information Technology. Now they are seeing the opportunities in the above areas.