(Bloomberg) -- Investors have about $2 trillion of funds available to invest, and about $100 billion to $150 billion of that is focused on India, according to Anu Aiyengar, JPMorgan Chase & Co.’s global head of mergers and acquisitions.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundCorzine Plans
“As we look at a combination of the inflows into the Indian market, as well as the exits financial sponsors have successfully been able to do, that bodes well for more money getting deployed in India,” Aiyengar said in an interview with Bloomberg Television’s Rishaad Salamat during the bank’s closed-door India Investor Summit in Mumbai.
“It is hard to find a market like this which has the growth characteristics and stability as well as tech, health care and infra solutions that are being provided by a multitude of companies,” Aiyengar added. Along with the dominant investment themes around the world of technology and health care, Aiyengar cited infrastructure and the energy transition as particularly strong drivers of India M&A.“You have multiple infrastructure-only funds that are now getting set up, and the infrastructure spend in India is substantial,” she said.
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