More than eight in 10 fund managers say that venture capital deals in India will rise in the next five years. The annual survey conducted by consultancy Deloitte Touche Tohmatsu India stated that managers overwhelmingly consider India a growth economy with one in two saying it offered superior returns on investment, also due to low costs. But less than half (around 41%) thought the regulation in Indian capital markets was effective, while most of these investors say that India lacked the right tax incentives for risk taking.
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According to them, total capital invested in deals within the clean technology, healthcare, biopharmaceutical and medical equipment sectors would rise over the next five years, the study said. The study included a sample of 36 partner-level managers.
Compiled by Divya Guha/Mint