PEs shift focus to sectors on domestic market

Private equity (PE) investors are now diverting their attention to sectors such as energy, telecom, infrastructure, education, media and entertainment. Reason: these sectors are largely dependent on the domestic market and not foreign countries, especially the US market. The total investment in these sectors has risen to $3,407 million (around Rs 16,600 crore) between January and September 2008 as compared to $1,371 million (around Rs 6,700 crore). The energy sector led investments by attracting deals worth $1,570 million (around Rs 7,500 crore) between January and September 2008 as compared to $264 million (around Rs 1,260 crore) in the same period last year. It is followed by telecom infrastructure with an investment of $834 million (around Rs 4,000 crore) as compared to $511 million (around Rs 2,450 crore), media &... [read full story]                    

Add Comment
There are also 1 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organisations, related topics, regions and companies