PE investments falls by 40% in India
Yet the country was the second busiest PE market in the Asia-Pacific region
Private equity (PE) investments in the country declined 39.6% to a tad over $3 billion in 2013.
In spite of this, India was the second busiest PE market in the Asia-Pacific region, ex-Japan, with 346 deals worth USD 3.042 billion in the year, according to a Thomson Reuters report released today.
China was the biggest beneficiary of PE funds in 2013, attracting investments worth $4.5 billion, it said, adding that, however, compared to 2012, the world's second largest economy also faced a slowdown in investments, with a sharper decline of 46.8%.
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India topped the chart when it came to secondary market exits by PEs, which touched $254.4 million in the year, accounting for 73% of the total $346.1 million exits in the region, the report said.