| A total of 94.6 per cent respondents said the sectors to be benefited from acquisitions made by SWF will pertain to oil and gas, coal and infrastructure. An overwhelming majority of stakeholders believe India should have a sovereign wealth fund (SWF) to service the needs of a fast growing economy, according to a recent study conducted by apex chamber ASSOCHAM.
Those contacted while conducting the study included leading organisations representing different sectors and groups having diverse business interests like HDFC, HSBC, PNB, Religare, Mahindra & Mahindra and IIFCL besides corporates like Larsen & Toubro, Tata Services, Essar Group and Adani Group as well as government institutions..............................................Full Article: Source
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