India's private credit market grew to $6bn in H1 2024, surpassing 2023, with global funds contributing 53% and key sectors being real estate and manufacturing.

India's private credit market grew significantly in the first half of 2024, reaching $6 billion in investments, surpassing the total of $8.6 billion from 2023. Global funds accounted for 53% of this total, allowing domestic funds to expand their share. Key sectors driving investment include real estate and manufacturing, primarily fueled by capital expenditure. Fund managers forecast continued activity between $5 billion and $10 billion in the next year, while the Reserve Bank of India raises concerns about increasing complexities and interconnectedness in the financial sector.

September 07, 2024
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