ID :
169468
Sun, 03/20/2011 - 12:31
Auther :

'Investment inflow into India in long-term will be robust'

H S Rao
London, Mar 20 (PTI) Inspite of the global economic
slowdown, investment inflow into India, in a long term
perspective will be robust, a Mumbai-based financial services
expert has said.
"In the next few months you may not see great inflow. But
from a longer-term perspective, yes, the inflow will continue
to be robust," Krishna Kumar Karwa, Managing Director of Emkay
Global Financial Services Ltd said yesterday.
Speaking to PTI at the end of a two-day CONFLUENCE, an
investor meet held here, Karwa said, "the response from the
prospective investors was overwhelming".
In all, representatives of 15 Indian Corporate houses
spent two days holding 180 meetings to show-case the potential
of investing in India, explaining India's growth strategy and
how beneficial it is to the international investors.
"We are inherently optimists and from investors point of
view, this is the right time to invest in India. If you are
not investing in equities, I think you will miss big time
opportunities in a growing economy like India," Karwa told
the investors.
Emkay, which earned a profit of Rs 13 crores last year,
planned to expand its product offering in High Networth
Individual areas.
"This is the first time Emkay is organising Confluence in
the UK. It has already organised four such conferences three
in India and one in November 2010 in the USA. which was quite
successful," he said.
During the course of this year, the company, with a
clientele of over 200 corporate houses would organise 10 more
Confluences in India, almost one in a month.
A large number of investment bankers and corporate heads
attended the Confluence here.

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