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Monday, June 15, 2009

China venture capitalists most-favoured, India in 2nd spot

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Even as recent industrial output numbers signal that the Indian economy is gradually heading towards the recovery path, it is China that catches the fancy of venture capitalists (VCs).

“Apparently, among venture capitalists, there’s China and there’s everyone else,” says a recent global survey by Deloitte Touche Tohmatsu (Deloitte) on VC sentiment in the times of recession.

The survey reveals that 50% of global and non-India based Asian investors who plan to increase their investments over the next three years look at China as the favourite location.

To read the full article, click here..
To read the ePaper, visit: http://epaper.financialexpress.com

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