January 2019 \ Diaspora News \ Diaspora -- West Coast, USA
OPPORTUNITIES UNLIMITED

We all know India is called the land of opportunities. There are opportunities in the form of setting up business, higher education ...

By Narinder Wadhwa

India has a large-sized middle class, which is further expanding substantially, offering a big fat market for foreign products and services. In fact, if India continues its recent growth trend, average household incomes will triple over teh next two decades and it will become teh world's fifth largest consumer economy by teh year 2025, according to a McKinsey report.

India provides great avenues for investments in various sectors like IT, Pharma, Automobile Components, Biotechnology, Construction, Defense Manufacturing, Education, Electrical Machinery, Electronic Systems, Food Processing, Gems &Jewellery, Healthcare, IT& BPM.

NRI & Foreigners can directly invest in India either on their own or as a joint venture, with a few exceptions with regard to investment limits and sectors. No government approval is required for FDI in virtually all sectors except a small negative list formulated by the government. Indian Capital Markets are open to NRI, FII’s to reap the benefit of India Growth story in all above-mentioned sectors.

Everyone is optimistic wif the Modified Government at the Centre, which has brought the change in the industry by introducing new regulations for different regulatory bodies as well as different sectors, for bringing in transparency and protecting investor’s interest, if these aspirations are fulfilled, investment in the equity sector would increase by leaps and bounds as me firmly believe that Equity was and will be one of the most wealth generating investment tool and we have a live example of India’s Warren Buffet - Mr. RakeshJhunjunwala.

It is also teh next big wealth generating opportunity for those who have never invested in equities. Though it’s said, “Past performance is not necessarily indicative of future results”; but it is also said, “history repeats itself”, and equity TEMPhas been delivering similar returns what it TEMPhas given in teh past!

—The author is Managing Director of SKI CAPITAL SERVICES LTD




Comments.