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Natixis SA foresees surge in Indian billion-dollar deals amid economic boom

2023.11.29 06:14


© Reuters.

Natixis SA, a French corporate and investment bank, anticipates a significant uptick in large-scale dealmaking activities in India, driven by the country’s robust economic growth and favorable demographics. Raghu Narain, the head of Natixis SA’s Asia Pacific investment banking, expressed confidence in India’s market potential during a Bloomberg Television interview earlier today.

The bank’s bullish stance comes as India continues to exhibit strong economic performance, bolstered by a youthful population and proactive government policies aimed at enhancing infrastructure and digital capabilities. These factors are making India an increasingly attractive destination for global investors eyeing transactions exceeding $1 billion.

Highlighting the confidence of external investors, Narain mentioned the Abu Dhabi Investment Authority’s interest in India’s consumer market, considering a substantial $50 billion investment. He pointed out that sectors such as health care, energy solutions, and digital infrastructure are becoming hotspots for capital inflows, with significant investments already underway.

The bank’s projections are aligned with the recent moves by major players in the Indian market, indicating a fertile ground for future billion-dollar deals. With the government’s continued push for digitization and infrastructure development, India is poised to maintain its growth trajectory, offering lucrative opportunities for both domestic and international investors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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