Investments by Actis a PE firm in India to increase by leaps and bounds
Actis which is a PE (Private Equity) firm invests aggressively in emerging markets. It is one of the few funds which has invested a lot in India. However they have made a number of attractive exits in the last 10 years when the profit margins went low.
Actis South Asia head JM Trivedi believes that India is going to be a leader in the services and industrial sector and has a significant growth in the capital market. PE investment rate is likely to increase significantly in the country with the formation of the new and aggressive government. In an interview, Trivedi mentioned that with the new government, infrastructure-related businesses are likely to see a boom. He also mentioned that in the UPA regime in the last few years, the infrastructure and industrial sectors have suffered a heavy slowdown. However he is positive that the new government will spearhead the implementation of the large infrastructure projects. He also expects a strong and quick turnaround for all businesses linked to infrastructure and since Modi is known for his time bound approach, the firm is very positive about this growth.
Trivedi mentioned that their PE fund focuses on four key sectors like consumer, financial services, industrial and healthcare; while energy fund invests in power generation and distribution.
Source- The Financial Express
New government, PE investment, PE investment in real estate, PE investments in India, Private Equity, Private Equity firm (PE), Private equity firms
