It has already invested over USD 250 million in several Indian properties in the last five years.
“More than one billion US dollars in the next five to 10 years,” V ShankarThe co-founder and CEO of Gateway Partners said on Monday when asked about his investment plans for India. Forbes Global CEO Conference in Singapore.
“We are looking for tons of opportunities in India,” Shankar said. He said he was very optimistic about the consumer-driven Indian market.
He also said that foreign investment flows into India are being encouraged by domestic investment led by entrepreneurs in infrastructure-industrial programs and long-term economic development plans.
Looking at consumer spending in the country, he said Gateway Partners has just opened two outlets in Delhi and NCR region.
Tim HortonsThat said, a first-class Canadian coffee chain, which opened last month, has now reached the markets of local consumers. The first outlet was opened on 11 August 2022.
Gateway Partners has so far made equity investments in several Indian assets, including GMR Group and TVS Supply Chain, Its latest funding is USD 50 million which was in Medal Health Care.
Shankar is confident that India will register 7-8 percent annual economic growth in the next 10 years.
The fund has also invested in the Middle East, Africa and Southeast Asia.