India to get $13.5 bn PE funding in '07: Study

India will receive $13.5 billion in private equity funding during 2007, ranking it among the top seven in the world, concluded a study undertaken by Evalueserve, a global research and analytical firm. This funding is projected to rise to $20 billion in 2010, representing a thousand fold increase in just 14 years.

The 366 private equity firms that are currently operating in India, and another 69 that are shortly planning to start operations, have earmarked $48 billion for investment in India between July 2007 and December 2010.