'Pvt equity investments in India to touch $12 billion in 2014'

Private equity investment in India is likely to touch a staggering $12 billion in 2014 primarily on account of reform measures taken by the government at the Centre.

In the first half of the year, private equity entities pumped in $6 billion in India.

'India is expected to witness investments worth $12 billion in 2014 by private equity players, double than the amount invested by them last year,' Indian Private Equity and Venture Capital Association (IVCA) President Arvind Mathur said.

He told this at the sidelines of a private equity conference here, which was attended by around 200 delegates coming from various countries, including India, China, Japan and various African nations.