There is no scarcity of capital as India has created the right environment for investors: Carlyle Asia Chairman Xiang-Dong

The Carlyle Group has invested $5bn in India over the past 18 years, with private equity among the top sectors for the firm, according to Chairman of Carlyle Asia, Xiang-Dong Yang. India’s GDP growth, increased scale and complexity of the country’s economy, and the growing number of capable entrepreneurs position it well for the next five to 20 years, said Yang. He highlighted the mobility factor of production and increasing productivity gains as key drivers for sustained growth, and said India has become more sophisticated in talking about sectorial themes.