India one of the most active mkts in Asia for KKR: Co-CEO

According to Nuttall, the exact trajectory will depend on the opportunity set on the ground

- Sneha Shah [e-mail]

Scott Nuttall, co-CEO of KKR & Co LP (right), with Gaurav Trehan, co-head of Asia Pacific and CEO of KKR India.

Global private equity firm KKR is betting big on finding more opportunities for its insurance business to deepen its India exposure.

The firm, which has invested $9 billion across private equity (PE), debt and infrastructure in the last five years locally, sees India as one ofits key markets.

"Globally, KKR will invest between $90 billion and $100 billion this year (2025). Given India's position as the world's fifth-largest economy and soon to be the third, we would expect our activities in India to increasingly resemble the firm's global profile over time. Even though $9 billion makes us one of the largest private capital investors in the country today, that number will grow dramatically in the years ahead," Scott Nuttall, co-chief executive officer (CEO) of KKR & Co. LP said at a media roundtable here in Mumbai.

According to Nuttall, the exact trajectory will depend on the opportunity set on the ground. "What's clear is that the need for capital across Indian companies is significant, and our interest in building long-term relationships and deploying the full capabilities of the firm is equally strong," he said.