India To See $40 Billion Worth Impact Investments By 2025: Global Network
Monday, May 1, 2017
NEW DELHI: India is projected to see impact investments worth up to US $40 billion by 2025 as the country is in a “sweet spot” with high potential to deliver solutions for various problems, according to global grouping GIIN. Based in New York, the Global Impact Investing Network (GIIN) is a not-for-profit group that works to promote impact investments and has around 230 members.
Generally, impact investments refer to those made with the aim of having a social and environmental impact along with the investors getting financial returns.
GIIN’s Advisor for South Asia, Anil Sinha said, there has been tremendous development in India around impact investing activities in the last five years and the country is in a sweet spot.
“In India, about US $4 billion has been invested as part of impact investments in about five years. On an average annual basis, it is around US $1 billion,” Mr Sinha told news agency PTI in an interview.
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