Photographer: Prashanth Vishwanathan/Bloomberg

Carlyle, TPG Join Record Cash Flooding India Health Boom: Chart

U.S. private-equity giants Carlyle Group LP and TPG Capital Management LP joined the record flood of more than $1 billion of foreign money pouring into India’s private healthcare sector last year, according to data compiled by Bloomberg. The foreigners all want a piece of a market that consulting firm KPMG expects to be worth $280 billion by 2020 with increasingly affluent Indians more able to pay to avoid the long waits and crowding of government hospitals. Experts say the deal making should continue as some of the lowest public health spending in the world leaves between 60 and 70 percent of India’s patients in private hands.

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