Investment in India’s social enterprises could rise eight-fold to $8 billion by 2025

Businesses designed to bring about social development have mushroomed in India over the last decadeคำพูดจาก สล็อตเว็บตรง. Thousands of Indian start-ups have pioneered solutions aimed at improving services from water and sanitation to health, education and housing.India has emerged as one of largest destinations in the world for investors keen to put their money into firms doing good, according to the initial findings of the research conducted by McKinsey.

“India is one of the world’s biggest markets for Impact Investing, given the nation’s many pressing social needs and an abundance of global capital,” said Toshan Tamhane, Senior Partner at McKinsey, in a statement late on Wednesday.”Assuming a growth of 20-24 percent based on global rates and strong growth of underlying sectors, we estimate that India’s Impact Investing sector could absorb $6 to $8 billion of capital annually by 2025, provided some critical barriers are addressed by the industry and the government.”Investments in India’s social enterprise sector grew by 15 percent annually from 2010 to 2015, bringing in investments of over $4 billion in social enterprises covering sectors such as microfinance, agriculture, health, education and clean energy.At least 60 to 80 million lives have been impacted by these social enterprises, said the research, adding the sector had also shown a promising average rate of return of 10 percent, which it said was likely to increase further.Investors welcomed the study’s initial findings, saying continued investment in India’s social enterprises would benefit millions more poor people as well as generate strong returns.”The findings from the McKinsey report validate our belief that India has the potential to emerge as the world’s No. 1 emerging market for impact investing,” said Amit Bhatia, CEO of Impact Investors Council, an industry body.”This eight-fold expansion of impact investing in India could make life better for millions and generate competitive returns for investors.”The full report, “Impact Investing in India – Has the Time Comeคำพูดจาก สล็อตเว็บตรง?” — which is based on interviews with funds, investors and social enterprises — will be released in January 2017. 

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