PE, VC investments to touch $75 billion by 2015

MUMBAI: Private Equity and Venture Capital investments, which are major contributors in development of several sectors in the country, are likely to touch $70-75 billion till 2015, leading audit and advisory firm Grant Thornton said on Wednesday.

“We expect $70-75 billion of PE and VC investments in India during 2010-2015,” Sudhir Sethi, chairman and managing director, IDG Ventures India and member of IVCA Executive Committee and Research and Data Sub Com said after the launch of 'The Fourth Wheel'.