India could be in a position to become the region’s sparkling jewel as Asia’s largest private equity market as dealmakers watch US-Sino tensions continue to grow.. This led to a nine-year low in market share last year, with China accounting for only 31% of deal value. By contrast India’s market share rose to 23%. It is a little early to say that India will achieve Rupee-ted success. Still, with a combined $61.6 billion in PE/VC investment, the sub-continent showed it was resilient to wider global economic headwinds. And with a growing number of buyout players ready to deploy capital, there are signs India’s PE marketplace could heat up nicely; particularly in tech, healthcare and clean energy.