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India likely to see $10 bn worth PE investments in 2011: E&Y

India is likely to see private equity investments to the tune of USD 10 billion in 2011, especially as more companies look beyond capital markets to meet their funding needs, according to global consultancy E&Y.

Sluggish stock market trends and increased investor activities are resulting in higher Private Equity (PE) investments, which was close to USD 4.5 billion till May, 2011.

“… the current activity and deal pipeline suggests that we could see similar number as in 2008 (close to USD 10 billion),” Ernst & Young Partner (PE) Mayank Rastogi said about expected private equity investment in 2011.

Source: Economic Times

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