Gateway Partners looking to invest more than $1 billion in India over 5-10 years

27 Sep 2022 , 06:44 AM

According to a senior firm official, Gateway Partners intends to invest more than $1 billion in the Indian economy over the next five to ten years.

Over the past five years, it has already invested more than USD 250 million in a number of Indian opportunities.

V Shankar, co-founder and CEO of Gateway Partners, responded when questioned about his investment ambitions for India on the side-lines of the Forbes Global CEO Conference in Singapore on Monday, “Over a billion US dollars over the next five to ten years.”

Shankar stated, “We are looking at a tonne of chances in India,” and he expressed great optimism for the consumer-driven Indian market.

He added that domestic investments in infrastructure-industrial programs and long-term economic development plans, headed by entrepreneurs, were promoting the flow of international investment into India.

When asked about consumer spending in the nation, he noted that Gateway Partners had recently built two stores in Delhi and the NCR area.

Up to this point, Gateway Partners has invested equity in a number of Indian assets, including GMR Group and TVS Supply Chain. It just received money from Medall Health Care in the amount of $50 million.

Over the next ten years, Shankar anticipates economic growth in India of 7-8% annually.

The Middle East, Africa, and Southeast Asia have all received investments from the fund.

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