Private equity investments in India are on pace to hit $10bn (€7.3bn) by the end of the year, almost three times last year's figures, as US buyout groups take the lead and account for the majority of the largest deals in the country.

Over 200 deals have been done in the first half of 2007 reaching $6bn, well on track to eclipse last year's total of $7.9bn, according to a report from consultancy PricewaterhouseCoopers.