Fund Flows A Relief For India: Manishi Raychaudhuri
  • Elizabeth George
  • Sep 25 2013

September 25: Manishi Raychaudhuri, MD & HoR at BNP Paribas Securities, says investors appreciate that India still offers a variety of hiding places, essentially exporters and foreign currency earners. “India is the only one amongst Southeast Asian countries that offer such an opportunity,” he says, but warns that there is a risk to the earnings estimate in India. “In the current slow industrial growth situation, India is unlikely to meet the high earnings estimate,” he adds.