India has become a safe haven for investments with the ability to sustain economic growth of 5-6%, according to Madanagopal Ramu, head of equity at Sundaram Alternate Assets. Ramu cited growth-oriented policies and a stable government as contributing factors. India has a market share in global merchandise trade of less than 2%, meaning a slowdown in the growth of developed markets would impact India only marginally. The government’s push for domestic manufacturing and exports could compensate for any shortfall. India was moving ahead of its small emerging nation peers, and foreign institutional investors would continue to support the market, according to Ramu.
Why India Presents a Secure Investment Opportunity According to Fund Manager Madanagopal Ramu
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