Goldman Sachs will start its own investment banking and securities businesses in India shortly. It will soon apply for licences to trade securities and provide investment-banking services. The company will also be entering private equity and real estate businesses.
The firm will invest $1 billion in the next three years in its Indian operations, Brooks Entwistle, chief executive of Goldman Sachs (India) LLC, said.
"India provides great opportunities. Now, more than ever, there is a compelling case for us to build an onshore presence which is fully integrated with our global businesses," he said. The firm will look at extensive distribution facilities all over the country.



