The last decade has seen some phenomenal flow of Foreign Direct Investment (FDI) in India, in the form of market access, positive spillovers, technology transfer, leading to increase in employment as well as income opportunities. Impacting pharmaceutical, textiles, railways, automobiles and many other sectors FDI has had a significant impact on the Indian economy. Leading to an increase in per capita income and improved consumption, the tax revenues increase which ultimately leads to an increase in government spending, accelerating the Indian economy. Here are some of the biggest names at present behind the surging FDI influx into India.
KKR
US private equity firm KKR & Co Inc recently grabbed headlines for investing an additional sum of USD 250 million in Serentica Renewables, an Indian decarbonisation platform. This leading global investment firm offers capital market, insurance solutions and alternative asset management services. With an aim to deliver current returns and fund investors by distributing the generated production, it also sells oil and natural gas reserves with capital appreciation. It has a target to invest in the oil and gas industry across upstream and mainstream segments.
Ethos AM
Headquartered in the US, Ethos AM is a full-service Project Financing company with an extensive presence across different parts of the world. Currently present with investments across 72 locations globally, Ethos has recently entered the Indian market with a vow to deploy over $1 billion in the next 5 years. While Ethos holds a strong portfolio across energy, manufacturing, infrastructure, agribusiness etc, it is open to funding projects across other booming sectors such as IT. It is not a bank, neither a fund, and majorly finances high level projects that promise long-term sustainability.
Apollo Global Management
Apollo manages alternative assets with high growth. The asset management industry offers businesses cutting-edge financial solutions and assistance so they may finance their expansion and develop stronger organisations. In order to assist clients in achieving financial security, it also provides retirement services, including a variety of retirement savings options.The company offers a competent approach while investing with clients to promote successful outcomes. Their guiding principle is “Expanding Opportunity,” and they are committed to providing opportunities for more businesses, workers, and communities in order to develop a more diverse and sustainable economy. In the process, they are giving retirees more power, creating and financing better enterprises, and fostering a more sustainable future, all of which are valuable contributions to the nation.
Blackstone
Building companies that will drive the economy of the future is a priority for Blackstone. With USD 991 billion in AUM, Blackstone is the largest alternative asset manager in the world. They are at the top of their game, serving both institutional and individual investors by investing in solid businesses that produce long-term value. With focus predominantly on industries with long-term growth prospects, Blackstone boasts over 12,000 real estate assets as well as 230 portfolio firms. Their ethos is to build financial security for businesses with diverse capabilities.