Top private equity players call for policy to become 'atmanirbhar'

Some PE fund leaders are making a strong pitch to the government for a policy framework to encourage the growth of a vibrant, "atmanirbhar" domestic private equity industry to rival that of China

Some private equity (PE) fund leaders  are making a strong pitch to the government for a policy framework to encourage the growth of a vibrant, “atmanirbhar” domestic private equity industry to rival that of China.  

The initiative comes after Finance Minister Nirmala Sitharaman announced in her Budget speech that the government is planning to set up an expert committee to help scale up private equity/venture capital (VC) investment by undertaking a holistic examination of regulatory and other frictions. In India, global PE funds dominate the business and in 2021 invested a record $50 billion in the country in 2021.  

Speaking to Business