Business & Investment

India is not an easy place to invest, but there is potential for a big upside, says Carlyle’s Rubenstein.

Mumbai: David Rubenstein, Co-founder of Millionaire, one of the world’s largest private equity firms Carlyle GroupSays that doing business in India is not easy, but believes it is likely to be up for Indian private equity investors compared to China.

Rubenstein, the company has invested in several Indian companies, spoke at the 11th CFA Society India and CFA Institute India Investment Conference on Saturday.

Rubenstein said the lack of competition in India’s private-equity space could be a significant return on investment compared to the relatively saturated Chinese market for private-equity investors. He said it would be more attractive.

Rubenstein also said the investment world will continue to be attractive, especially in a very low interest rate environment.

However, he expressed concern about the debt rampage that several economies, including the United States, undertook during the pandemic, saying “it may not end in happiness.” “People are worried about the ceiling, not the floor (in investment),” Rubenstein said.

Regarding the deployment of the Covid-91 vaccine, Rubenstein expressed concern that the United States may not be able to deploy the vaccine fast enough to reach herd immunity, with a significant portion of the population until the end of the year. Said that he may be vaccinated against.



India is not an easy place to invest, but there is potential for a big upside, says Carlyle’s Rubenstein.

https://economictimes.indiatimes.com/markets/stocks/news/india-not-easy-place-to-invest-but-has-great-upside-potential-says-carlyles-rubenstein/articleshow/80610068.cms India is not an easy place to invest, but there is potential for a big upside, says Carlyle’s Rubenstein.

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