We have heard enough of tough news regarding Indian Markets. Here is some news I got indicating some positivity among PE (Private Equity) players. The survey reported that India has got a better investment scenario than in 2007. Global consultancy Protiviti's survey also found that sectors such as energy and infrastructure are likely to see higher allocation from PE funds in short to medium term. "Strong self consumption driven by the great Indian middle class and consistent economic growth ranked higher in respondent's minds as reason for a more favourable investment environment now as compared to 2007," the report said. The findings are based on a survey of senior executives at more than 25 PE firms. According to the report, basic sectors, energy, infrastructure/real estate, education and pharma/healthcare are expected to be top performers, attracting higher PE funds. Further, the report noted that almost "a third of the respondents believed India shall perform better than both China and Brazil ".
Protiviti, one of the largest independent business and risk consulting firm, operates in India through its arm Protiviti Consulting Pvt Ltd.
My take-> Its really hard to believe that such optimism exists even in the current adversity. Well thats not just a view of a firm but a survey of many PE firms and should be considerably accountable. Well I personally feel in spite of many hiccups, the Indian market is gonna go bullish. The attitude to attain new highs has been fed into the Indian blood. :)
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