Facebook flotation values the company at $104 billion
18 May 2012
Fri, 19 Oct 2007
India offers a fertile ground for investors who are willing to take advantage of the rapid growth occurring in this emerging market, it has been claimed.
Fidelity International, a group with global interests, claimed that the Indian market's expansion has been meteoric, as its economy has boomed from about £16 billion in the early 1980s to well over £500 billion today.
This had led to equities which offer excellent returns on an investor's stake, along with long-term opportunities.
However, the investment company claims that infrastructure improvements will become essential in future if this rapid advancement is to be maintained and blossom.
Arun Mehra, manager of the Fidelity India Focus Fund, said that the growth and level of investment opportunity experienced is no flash in the pan and will develop.
I believe that over the next ten years the market will continue to behave this way. India as an asset class is here to stay, he asserted.
Meanwhile, similar sentiments came from another investment giant, FC, with company spokesperson Jeff Chowdry predicting that the long-term growth will continue to remain strong.
