Private equity: An Indian perspective Mr. Bihari Jayanta Kumar*,1, Sr.Lecturer & Head (Commerce), Research Scholar, Mohapatra Sudatta Bharati**, Student, Master of Finance and Control (MFC) * Kalinga Bharati Residential College (KBRC), Pira Bazar, Gopalpur, Cuttack-753011 1Ravenshaw University ** Kushagra Institute of Information and Management Science (KIIMS), Pira Bazar, Gopalpur, Cuttack-753011 Online published on 13 March, 2012. Abstract Ever since Indian economy underwent series of reforms from 1991, there have been progressive steps in banking, finance, industry, investment climate, incomes, employment, legal environment, etc. India is shining with an average growth rate in GDP at about 9% pa. Investments from FIIs, increased FDI in several sectors, surging Foreign Exchange reserves, controlled inflation rate, deregulated interest rates, etc., have been witnessed in recent years. At present both foreign and domestic companies look to expand into the emerging markets in Asia and globally integrate a business plan across a broad spectrum of cultures, languages, markets and laws. In the present environment of competition many companies need help of PE firms to increase their market competence and value of brand for strengthening market ability. Keeping these in view this paper highlights present status of private equity in India and concludes that there is a high potential for PE in India. Top |