Rakesh Jhunjhunwala On Why India Is A Great Place To Invest
June 12, 2011 3 Comments
Following are a list of reasons why Rakesh Jhunjhunwala believes India is a great place to invest:-
India owes its progress to the following factors:
- Efficient capital allocation
- Sustained earnings expansion driven by growth and productivity
- 8 per cent+ real GDP growth + 4 per cent + Inflation = 12 per cent + Nominal GDP growth
- Corporates to grow faster than unorganised sector
- Operating and financial leverage to kick in
- Corporate earnings to grow at more than 18 per cent
- Favourable framework for equity investing
- Rising savings, yet low equity ownership — significant potential
- Corporate governance
- Transparency
- Effective regulation
- Electronic trading
- Dematerialisation
- Tax paradise for equity investing under the STT regime
- A large pool of skilled people
- Favourable demographics
- Domestic consumption-led growth
- Increased productivity.
- The withdrawal of reservations for small scale industry may result in the closing down of small firms, but it will also benefit the larger companies.
About Keerthika Singaravel
http://rakeshjhunjhunwalafan.blogspot.com/2011/10/greatest-trades-of-all-times.html
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