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06-12-18
Bahrain's Investcorp to allocate USD1b in Indian market
(MENAFN) Bahrain's Investcorp was reported to have set out a plan to allocate USD1 billion in the Indian market over the upcoming five to seven years.
The Bahraini-based firm decided to begin examining the potentials of investment within India in the beginning of 2019.
CEO of Investcorp Rishi Kapoor stated: "we would look to grow that through an additional investment activity to about a billion-and-a-half dollars."
The company, the CEO added while speaking to BloombergQuint, is seeking to invest USD1 billion in India over the next medium term.
MENAFN0612201800450000ID1097793939
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