Rupee Rout Has Hit Investor Sentiment Sharply: Zia Mody
  • Elizabeth George
  • Sep 04 2013

September 4: Long-term strategic investment is still committed to India but most investors are adopting a wait and watch approach, says Zia Mody, Managing Partner at AZB Partners. Private equity is struggling to overcome the 25% rupee depreciation and lower valuations, she says. “Investment into India is tapering and many MNCs are not even willing to discuss India right now,” she adds.