Apr. 19 – India’s gross domestic product is expected to grow at 9.2 percent in 2010-11 according to the Centre for Monitoring Indian Economy, a leading economic think tank.

According to the report, real GDP is estimated to have grown by 8.4 percent in the fourth quarter last year, with the industrial, manufacturing, mining, natural resource, and service sectors leading areas driving GDP.

Furthermore, the private equity fund in India reached US$1.9 billion in the first quarter of 2010, according to data released by Deloitte. The funding came from 88 transactions, with an average deal size of US$22.1 million.

“The flow of funds is primarily driven by strong fundamentals of India’s economic growth,” said Kalpana Jain, senior director from Deloitte. “Private equity fund investors are focusing on sectors like clean energy, healthcare, infrastructure and education.”