Investors across categories will be at 2nd edition of Mint India Investment Summit 2020 on 4 and 5 March to discuss the challenges, their impact and what India needs to do to emerge as a stronger economy
Mumbai: Private equity (PE) and venture capital investments are expected to continue flowing into India despite a slowing economy and global turmoil caused by the spread of the Covid-19 virus, as investors remain confident about the long-term potential of the Indian economy.
While near-term challenges might slow the pace of investments, investors are expected to continue taking a long-term view on India, where they have pumped in a record $36.96 billion across 861 deals in 2019.
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“The short-term outlook for the economy is clearly challenging. However, the fundamental drivers—infrastructure-led spending, basic demand from a large consumer base and headroom for growth—should continue to propel the economy in the long run,” said Vivek Gupta, partner and head, M&A and PE tax at KPMG in India.
Source: livemint
