Brookfield is maintaining India as a core market due to long-term opportunities in renewables, infrastructure, and real estate [1].
This strategy underscores the firm's confidence in the region's economic trajectory. By prioritizing sustained capital deployment, Brookfield aims to capitalize on India's shift toward sustainable energy and modernized urban infrastructure.
Ankur Gupta, the head of real estate for the Asia-Pacific and Middle East regions at Brookfield, discussed the firm's outlook in an interview with CNBC TV18 [1]. Gupta said, "India has been a top market for us for the last decade."
He said the region's appeal is due to a "strong compounding growth story," which is driven by infrastructure expansion, rising consumption, and capital deployment across energy and real estate sectors [1]. This focus on compounding growth aligns with the firm's broader strategy to integrate high-growth emerging markets into its global portfolio.
Recent financial moves illustrate this commitment to the energy sector. On July 11, 2024, Brookfield announced it had acquired a majority controlling stake in Leap Green Energy Pvt Ltd [2]. The acquisition was valued at $550 million [2].
The investment in Leap Green Energy signals a specific pivot toward the renewable energy transition. By securing a controlling interest in such entities, Brookfield can directly influence the scale and speed of green energy deployment across the subcontinent.
Gupta said the combination of rising domestic consumption and large-scale infrastructure projects creates a stable environment for long-term investment [1]. The firm continues to view these factors as essential for sustaining its growth targets within the APAC region.
“India has been a top market for us for the last decade.”
Brookfield's continued commitment to India, evidenced by the $550 million investment in Leap Green Energy, reflects a broader trend of global asset managers shifting focus toward the Global South. The emphasis on 'compounding growth' suggests that the firm is not seeking short-term exits but is instead betting on the structural transformation of India's energy grid and urban landscape over the next decade.
