India gets largest PE investment in healthcare sector in Asia-Pacific region during 2024: Report
New Delhi: With 26 per cent of the deal volume, India has emerged as the largest private equity buyout in the healthcare sector in the Asia-Pacific region in 2024, said a report by the global private investment firm Bain and Capital.
The wider Asia-Pacific market, however, grapples with a decline in buyout activity, with regional volumes plummeting by nearly 49 per cent.
"India also appears more resilient to deal downturns than other countries in the region, with buyout volumes dipping only 18 per cent from 2023, vs. a nearly 49 percent drop across Asia-Pacific overall", said the report
This growth can be attributed to a combination of buoyant capital markets, strong economic fundamentals, and a burgeoning investor confidence, fuelled by successful private equity exits, such as Advent International's USD 1.6 billion sale of BSV Group to Mankind Pharma.
"Successful PE exits with strong returns, such as Advent International's USD 1.6 billion sale of BSV Group to Mankind Pharma, have also validated India's buyout market, making it more attractive for future investment," the report added.
Strong growth is projected to continue in India's healthcare sector, with healthcare spending expected to reach USD 320 billion by 2028.
In India, over the past two years, investments have come in the provider and related services space and biopharma and related services, with a sharper focus on provider deals. In the provider space, investments have gravitated to hospitals, clinics, and supporting services.
The report highlighted that the India has consistently delivered favourable returns and has enabled a range of successful exits for PE firms through initial public offerings (boosted by strong public markets), strategic acquisitions (bolstered by acquirers' strong balance sheets), and sponsor-to-sponsor deals (such as KKR's USD 839 million acquisition of Healthium Medtech from Apax Funds).
"With a proven track record, favourable macroeconomic conditions, and a diverse healthcare landscape, India is expected to remain a prime investment location for PE firms," the report added.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
2 hours ago
- Time of India
Maharashtra, Karnataka account for 51 pc of FDI in India in FY25: Govt
NEW DELHI: Maharashtra and Karnataka accounted for 51 per cent of the foreign direct investment (FDI) inflows into the country during the last financial year 2024-25, according to the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT). Maharashtra attracted maximum foreign inflows at USD 19.6 billion and accounted for 31 per cent of the country's total FDI during April-March 2024-25. Karnataka received USD 6.62 billion overseas investments during the last fiscal year, the data showed. The two states were followed by Delhi (USD 6 billion), Gujarat (USD 5.71 billion), Tamil Nadu (USD 3.68 billion), Haryana (USD 3.14 billion), and Telangana (USD 3 billion). According to experts, the main reason for the maximum inflows in Maharashtra and Karnataka is substantial improvement in infrastructure. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Gazette
4 hours ago
- India Gazette
India poised to become 3rd largest manufacturing hub: Union Minister Pralhad Joshi
Dharwad (Karnataka) [India], June 8 (ANI): Union Minister for Consumer Affairs and Renewable Energy Pralhad Joshi on Sunday expressed strong confidence that India is on track to transform into a global manufacturing hub, citing the country's supportive environment, abundant resources, and dynamic youth. Speaking at the inauguration of the 3rd Greenfield Unit and Sri Rama Temple built by Hodek Vibration Technologies Private Limited in Belur Industrial Area in Dharwad, Joshi highlighted India's unprecedented growth in manufacturing under Prime Minister Narendra Modi's leadership and its emergence as a self-reliant nation across sectors and its potential to become the world's third-largest producer, surpassing challenges faced in 2014. 'India will transform into a global manufacturing hub in the future, as it has a supportive environment, resources and an empowered youth that is required for the manufacturing sector,' the Union Minister stated. 'Under the leadership of Prime Minister Narendra Modi, India is achieving unprecedented growth in the manufacturing sector today. India today is self-reliant in everything from industry, jobs, education, information technology, transport, and electricity. The import situation that existed in 2014 is no longer there. It is developing as the largest exporting country in the world. Until now, China and Vietnam were the only leading producing countries in the world. Now, India has also joined that list and will emerge as the 3rd largest producer,' he added. Joshi noted the global demand for Indian talent, particularly in Germany, as the country leverages its vibrant youth and resources. 'Today, there is a high demand for Indian youth all over the world, including Germany. Due to the shortage of loyal, educationally qualified employees and technicians, foreign countries are turning to India. India has amazing opportunities in every way, including its vibrant and dynamic youth, resources, and environment, and locals should also take advantage of this,' he stated. Abhijit Khanvilkar, Director of Hodek Vibration Technologies Private Limited, highlighted local opportunities, stating, 'Skilled human resources were available in Dharwad, but not enough job opportunities were available. We initially set up a unit in Dharwad, which has grown to three units, creating job opportunities for up to 500 persons.' Following the inauguration of the greenfield unit, Joshi also inaugurated the Lord Sri Rama Temple there. Earlier, NITI Aayog CEO BVR Subrahmanyam had said that India's manufacturing sector must grow 15 per cent annually to contribute at least 25 per cent to the country's GDP (or USD 7.5 trillion) through Viksit Bharat 2047. According to Joshi, the greenfield unit would help boost industrial growth in the region of North Karnataka and contribute to local employment generation and economic growth. In a post on X, Johsi added that Hodek Vibration Technologies Private Limited was committed to sustainability and has inaugurated a 155 kWp rooftop solar power plant at its Pune unit, aimed at reducing the company's carbon footprint. He noted that the Dharwad unit had also adopted eco-friendly measures. 'Moments from the inauguration of the Lord Sri Ram Temple and its third greenfield unit built by Hodek Vibration Technologies Private Limited at Belur Industrial Area, Dharwad, today. This greenfield unit in Dharwad will boost industrial growth in North Karnataka. It will contribute to local employment generation and economic growth. Hodek Vibration Technologies Private Limited is committed to sustainability and has inaugurated a 155 kWp rooftop solar power plant at its Pune unit. This will promote the use of renewable energy with the aim of reducing the company's carbon footprint. The Dharwad unit has also adopted such eco-friendly measures and has ISO 14001 Environmental Management Certification,' Joshi stated in a post on X. The Union Minister was accompanied by former MLA Amrut Desai, former MLC Nagaraj Chhabbi and Abhijeet Khanwilkar, Director of Hodek Vibration Technologies Private Limited, among others. (ANI)
India.com
4 hours ago
- India.com
10 richest countries in the world are..., US is at 9th position, India, Pakistan are at...
10 richest countries in the world are…, US is at 9th position, India, Pakistan are at… 10 Richest Countries In The World: There are over 190 countries in the world, and each country, big or small, has its unique traditions and culture. Some are famous for picturesque scenery, and some are known for their delicious food and one-of-a-kind traditions. Have you ever wondered, out of these 193 countries, which are the richest ones? And let us tell you that having the largest GDP does not necessarily mean being the richest country. There are many other parameters for this. In such a situation, check out the list of the 10 richest countries in the world released by World Atlas. Listing the top 10 richest countries requires considering several parameters. Here is the list of the 10 richest countries in the world released by World Atlas. Singapore Known for its beautiful scenery, Singapore is the richest country in the world, as per It has a high-income economy, projected to have the highest GDP/capita (PPP) on the globe by 2025. The country is also famous for its business-friendly environment and major investments in infrastructure, education, healthcare, and public services. Luxembourg Luxembourg holds the second position in the list. It is known for its strong banking and finance sectors. By 2025, the country is going to rank second in the world in GDP (PPP) per capita. Ireland Ireland's economy underwent a period of rapid expansion between 1995 and 2007, transforming it from one of Europe's poorest nations to its third wealthiest globally, a phenomenon known as the 'Celtic Tiger.' Queue Middle East country – Qatar ranked fourth on the richest country list. The country's economy can be judged from the fact that it owns most of the expensive areas of London. Notably, Qatar's economy has witnessed significant growth and stability due to its major petroleum and natural gas reserves. Government revenue, GDP, and export earnings are heavily dependent on these natural resources, comprising over 70 percent, 60 percent, and 85 percent. Norway One of the most beautiful European countries, Norway is the fifth richest country in the world. It is rich in sectors like – petroleum and natural gas, with a highly developed mixed economy. As of 2025, Norway's GDP is USD 504.28 billion, with a GDP per capita of USD 89,690. Sectors like – Agriculture (1.6percent), industry (34.7percent), and services (63.5percent) play a major role in its economy. It maintains very low unemployment rate and a high standard of living as compared to other European countries. Switzerland Switzerland, ranking sixth globally in wealth, boasts a high standard of living. Its economic strength is evident in its substantial millionaire population (800,000) and disproportionately large share of the world's wealthiest individuals (1.7%), despite comprising only 0.1% of the global population. Brunei Brunei is the seventh richest country in the world. Its economy is heavily dependent on the petroleum and natural gas sectors. These sectors contributes majorly in Brunei's GDP. In 2025, its GDP is projected to be USD16 billion. Guyana Ranked as the eighth richest country in the world, Guyana's economy has undergone a remarkable transformation since the discovery of significant offshore oil reserves in 2015. By 2025, the country's GDP per capita is expected to reach USD94,258 (PPP). United States US is the ninth richest country in the world and also the only country with the largest economy by GDP in 2025. A major component of America's economy is its service sector, which accounts for 80.2percent of GDP. Other sectors such as industry (18.9percent) and agriculture (0.9percent) also plays a major role. Denmark Denmark, a high-income, advanced economy, ranks among the world's ten wealthiest nations. Its economy is largely service-based (80 percent of employment), with manufacturing contributing approximately 11 percent. Denmark's projected GDP for 2025 is USD449 billion.
