CEO Bharat Bhise Speaks at Federation of Indian Chamber of Commerce & Industry (FICCI) on “FDI into India”
Hong-Kong based private equity firm Bravia Capital today said it is planning to invest in India’s transportation and logistics sectors.
“In India, we are planning to invest mainly in transportation and logistics business,” said Bravia Capital’s founder and CEO Bharat Bhise while speaking on the sidelines of a Ficci event here.
The company has interests in transportation, logistics, energy and metallurgy sectors across the world.
“We will be looking (to invest) in profitable companies in India with good managements to garner profits and will not associate ourself in any loss making concern or any bailout proposals,” he said.
He added: “We will make capital investments in companies here for expansions and will focus on having a management team. If need be, we will train them for more efficiency.”
Commenting on Indo-China bilateral trade relations, Bhise said, “Instead of being competitors, China and India need to be collaborators to achieve their desired goals.”