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PE investments touch $4 billion in Q1 CY08

	April 28, 2008

Private equity (PE) investments in India have grown to $4 billion in the first quarter ended March 31 of calendar year 2008 — two times the value registered during the corresponding period last year. Through this, India has maintained its position as the hottest investment destination in Asia (excluding Japan) and has even surpassed China, which has recorded just $570 million so far. In 2006, China received $13 billion in PE investments in 2006 compared with India’s $7 billion. The equation ...