Shyam Maheshwari: Navigating India's Investment Landscape

Shyam Maheshwari is a prominent figure in the investment world, serving as the Chief Executive Officer, Founder, and Partner of SSG Capital Management (Singapore) Pte. Limited. He is primarily responsible for the firm's investment activities in India, leveraging over 17 years of experience in deal sourcing, analysis, and investment. Before founding SSG Capital, Maheshwari was a Senior Member of the Lehman Brothers Asia Special Situations Group, where he played a key role in developing the India business and initiating pan-Asian ventures in mining and power assets, particularly in Indonesia.

The Post-Pandemic Landscape
As India emerges from the challenges posed by the COVID-19 pandemic, the focus on private credit has intensified. Maheshwari emphasizes that private credit is essential for driving business expansion and sustainable long-term growth. Traditional lenders, especially Public Sector Undertaking (PSU) banks, have provided crucial support during the pandemic, but they are now facing increasing pressure.

For years, the Indian credit market has been dominated by banks and non-bank financial companies (NBFCs). Although PSU banks have historically held a significant share, the credit-to-GDP ratio remains modest, particularly for a country at India's stage of economic growth. Maheshwari notes that as the economy develops, the demand for credit is likely to increase. However, the challenges facing both banks and NBFCs may hinder their ability to meet this growing need. This is where private credit becomes indispensable.

The Rise of Private Credit