India continues to remain high on the list of global private equity investors , with $2-3bn or more waiting to be invested in the country.
However, these investments have not entered the country as increasing number of Indian companies are meeting their fund requirenments by tapping domestic and overseas markets. Many companies have also been exercising the FCCB (foreign currency convertible bonds) option to mop up funds overseas.
But according to industry experts, with markets evolving, FCCBs may not be such an attractive means to raise funds, which is when overseas private equity investments might happen.
�Last year, there was $2-3bn private equity investment waiting for investment opportunities in the country. However, with companies going public, or issuing FCCBs, there was not much of an opportunity for these investments.
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