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,” Mr 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, Mr 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,” Mr 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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