Bain Capital, based in Boston, plans to invest $7 billion in India over the next three to five years, attracted by the nation’s stable politics and economic growth. The firm aims to expand its team by 15-20%, focusing on private equity and special situations. India’s remarkable political stability aligns with the conditions for robust economic growth, according to David Gross, a partner at Bain Capital. Global firms are increasingly drawn to India, with Brookfield and Temasek among those deploying significant investments. Bain, active in sectors like IT services and pharmaceuticals, is particularly emphasizing growth in consumer retail.
Bain Capital Commits $7 Billion to India Amidst Favorable Economic and Political Climate
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