KKR Sees India as Top Investment Opportunity, Aims to Deploy $10 Billion Faster than Before
Global investment firm KKR & Co. has its sights set on India as a top investment opportunity, aiming to deploy $10 billion faster than ever before. Co-founder Henry Kravis, who is known for his enthusiasm for the Indian economy, expressed his astonishment at India’s economic development and his desire to learn more about the country’s economy and meet with young entrepreneurs and policymakers.
Having already invested $10 billion in India since opening its office in 2009, KKR sees the country as a high priority and the anchor for its Asia-Pacific investments. While Japan remains an important part of KKR’s investment strategy, India stands out as the most significant opportunity due to its size and rapidly growing economy. Kravis believes that even a consistent annual growth rate of 7% is substantial, but he sees the potential for India to achieve even higher growth rates of 8% or 9%.
To capitalize on India’s potential, KKR plans to continue investing in various sectors, including infrastructure, which is a new focus for the firm. Additionally, KKR is actively involved in credit transactions and is exploring opportunities in real estate. The firm’s commitment to private equity and growth equity in India is unwavering, and it anticipates further expansion in these areas.
Kravis also highlighted the importance of factors such as improved infrastructure and reduced bureaucracy in attracting overseas investment to India. He believes that if India can position itself as a low-cost and efficient producer while continuing to enhance its infrastructure and simplify regulatory processes, the country’s economy will become even more attractive to international investors.
In conclusion, KKR recognizes India as a compelling investment destination and plans to increase its investments in India at an accelerated pace. With a focus on sectors like infrastructure, real estate, and private equity, KKR aims to leverage India’s economic growth potential and contribute to its continued development. As India’s economy thrives, the country has the opportunity to become an even more appealing destination for global investors.