KKR bullish on healthcare, consumer & tech bets in India

Private equity firm KKR is optimistic about investment prospects in India, according to co-CEO Joseph Y Bae. The US company is keen to invest in healthcare, consumer and technology sectors, and interested in India’s privatisation programme. KKR began investing in the country in 2006 and has committed over $10bn there so far, and Bae sees strong fundamental growth in the country’s economy. India has a young population and growing middle class, said Bae, making it an attractive destination for consumer and retail sectors, as well as technology adoption.

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