India Much Stronger Than 20 Yrs Ago: Peter Elston
  • Elizabeth George
  • Oct 08 2013

October 8: India is much stronger than it was in the last 20 years, says Peter Elston, Head of Asia-Pacific Strategy and Asset Allocation at Aberdeen Asset Management Asia. The country has high foreign reserves so authorities can do what is necessary to boost the economy, he says. The RBI has to balance growth and inflation and so far it’s doing a good job, he adds.