India one of the fastest destinations for investments: KPMG
MUMBAI: Even as the major global economies continue to stay in a turmoil India seems to have emerged as the fastest growing investment destination for foreign investors in 2016, a KPMG report said.
The jump in the investment was also on the back of surge in investments from the Canada. Many Canadian pension funds have that until now used to invest in Indian private equity funds, have now started investing in the country directly. Canadian pension funds have been very aggressive in the real estate and infrastructure sectors. Going ahead this is expected to only increase, say industry trackers.
Increase in Private equity-backed exits through Mergers and Acquisitions (M&A) and Initial Public Offerings are also an attraction for many investors. Exits have been one of the major concerns for foreign investors especially in the unlisted space. Due to this reason alone many investors were staying away from investing in India. However in last couple of years many investors have managed to get an exits either through secondary deals or through IPOs, say industry trackers.
Also 2016 saw a jump in the buyout deals. Many buyout funds have been aggressively looking at the distressed asset space in the country. In the coming year as the regulations around bankruptcy gain momentum, many buyout funds may look to increase their investments in the country.
Investors (PE/VC as well as FDI) increasing into India as government takes measures for transparency in business through demonetisation, phasing out FIPB, said the KPMG report.
The jump in the investment was also on the back of surge in investments from the Canada. Many Canadian pension funds have that until now used to invest in Indian private equity funds, have now started investing in the country directly. Canadian pension funds have been very aggressive in the real estate and infrastructure sectors. Going ahead this is expected to only increase, say industry trackers.
Increase in Private equity-backed exits through Mergers and Acquisitions (M&A) and Initial Public Offerings are also an attraction for many investors. Exits have been one of the major concerns for foreign investors especially in the unlisted space. Due to this reason alone many investors were staying away from investing in India. However in last couple of years many investors have managed to get an exits either through secondary deals or through IPOs, say industry trackers.
Also 2016 saw a jump in the buyout deals. Many buyout funds have been aggressively looking at the distressed asset space in the country. In the coming year as the regulations around bankruptcy gain momentum, many buyout funds may look to increase their investments in the country.
Investors (PE/VC as well as FDI) increasing into India as government takes measures for transparency in business through demonetisation, phasing out FIPB, said the KPMG report.
