Carlyle seeks to boost India deals as buyout opportunities rise

Mumbai

CARLYLE Group LP is seeking to boost its dealmaking in India as buyout opportunities rise in the South Asian nation, where returns on investment are beating all major markets across the globe.

Opportunities for control transactions are picking up in India, and Carlyle is seeing many attractive potential investments in the country, managing director Neeraj Bharadwaj said in an interview last week.

Buyout deals have increased to one-fifth of the total private equity investments in India during the last 12 months, from about 6 per cent five years ago, according to data provided by Carlyle.

Carlyle is scouting for investments in Indian financial services, healthcare and industrial companies, as well as in telecommunications, media and technolo…