Indian VCs,PEs may invest $8.5 bn by 2012

“Investments in five identified sectors of biotechnology,life sciences,logistics,clean technology and film production by Indian venture capitalists and private equities may grow to a whopping USD 8.5 billion by 2012,” according to a study jointly conducted by Assocham and Deloitte.

Venture capitalists (VCs) and private equity investors,which have been investing in sectors like information technology,have shown interest in these emerging segments,the study said.

“India has large investment opportunities in sectors like biotechnology,life sciences,education,logistics and film production. The life sciences sector in India has been attracting venture capitalists from India and abroad,industry chamber Assocham Secretary General D S Rawat said.

The study said,it is anticipated that biotechnology and life sciences would alone attract investments to the tune of USD 2 billion.

Logistics is another area,which is likely to attract over USD 2 billion investment as the country is planning to strengthen its cargo handling facilities to meet rising demand for exports and imports.

The other prospective areas for investment include clean technology and Indian film production and education.