India’s economy and markets, in recent years, might have been overshadowed by other emerging markets. Yet, from the perspective of Vinay Agarwal, director at FSSA Investment Managers, there are many positive aspects of this market and there are good reasons why investors need to keep India in mind.
What would you tell global investors who are keen to invest in India?
In our view, several aspects make India an attractive market to invest in over the long term. Firstly, the majority of listed companies are privately owned rather than being state-owned. As minority shareholders, we find it easier to feel aligned with private owners who don’t have the national service obligations of state-owned companies.