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Verlinvest plans to invest €1 billion in India over five years

The Economic Times reports CEO Roberto Italia sees India’s aspirational middle class as a draw for consumer investment.

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TLDR

The Economic Times reports that Verlinvest plans to invest €1 billion in India over five years. CEO Roberto Italia said the country’s aspirational middle class and young population give it a demographic edge. Asia head Arjun Anand said the firm expects to deploy €100 million to €200 million a year, with health, fitness, live entertainment and digital content among the sectors it is eyeing.

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