India’s PE market holds firm despite global uncertainty: KPMG
India's private equity market remains resilient with $15.8 billion in investments during Q2 2026, driven by strong economic fundamentals and a focus on high-growth sectors like healthcare and manufacturing. KPMG reports that investors are increasingly consolidating assets to create larger platforms and unlock value in family-owned enterprises.
Why it matters
The sustained growth of India's PE market despite global economic uncertainty highlights the country's attractiveness as a stable investment destination for institutional capital.
India’s private equity (PE) market remained resilient with investments touching $15.8bn at the end of Q2’26, despite geopolitical tensions and energy-related uncertainties, supported by strong underlying economic fundamentals, according to KPMG’s latest Pulse of Private Equity report.
PE investment in India stood at $31.8 billion in the full year 2025, even as deal volumes softened. Healthcare and pharmaceuticals, financial services — including banks, non-bank financial institutions and insurance companies --consumer goods and precision manufacturing continued to attract investor interest.
Investors are increasingly targeting high-growth, profitable businesses with strong cash flows and opportunities for scaling and consolidation, with family-owned enterprises emerging as a key focus area, it said.
“Private equities in India are obviously looking for high growth businesses with strong profitability and cash flows,” said Nitish Poddar, Partner and National Leader–Private Equity, KPMG in India.
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