Mark Mobius (investment guru) calls for reform of FDI in India

The Economic Times recently spoke to Mark Mobius, emerging markets guru and Founder of Mobius Capital Partners:

What are your thoughts on Indian economy currently?

I think the (economic) growth is still going to be higher than China. We will probably see around 7 per cent, and that itself is a tremendous accomplishment. I know unemployment is a real issue, and this is something that whoever comes to power in the next election, is going to have to address very forcefully. They will have to think how to make it work, and that means making it easier for foreign investors to come in.  ..

Author: Stephen Manallack

Former President, Australia India Business Council, Victoria and Author, You Can Communicate; Riding the Elephant; Soft Skills for a Flat World (published by Tata McGraw-Hill INDIA); Communicating Your Personal Brand. Director, EastWest Academy Pty Ltd and Trainer/Speaker/Mentor in Leadership, Communication and Cross Cultural Communication. Passionate campaigner for closer western relations with India. Stephen Manallack is a specialist on “Doing Business with India” and advisor/trainer on “Cross-Cultural Understanding”. He is a Director of EastWest Academy Pty Ltd which provides strategic advice and counsel regarding business relations with India. A regular speaker in India on leadership and global communication, his most recent speaking tour included a speech to students of the elite Indian university, Amity University, in Noida. He also spoke at a major Federation of Indian Chambers of Commerce and Industry (FICCI) global summit, the PR Consultants Association of India in Delhi, the Symbiosis University in Pune and Cross-Cultural Training for Sundaram Business Services in Chennai. He has visited India on business missions on 10 occasions and led three major trade missions there. He provides cross-cultural training – Asia and the west.

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