EQT Group targets $50 billion India investment, focusing on AI and renewables

Global private equity firm EQT Group plans to invest $50 billion in India over the next four years, signaling strong confidence in the market. The firm will allocate approximately $35 billion to AI infrastructure, data centres, and renewable energy, with another $10-15 billion earmarked for its private equity funds. India, where EQT has operated for 20 years and manages $26 billion in assets, currently represents 25-30% of the firm's Asia PE investments.