Infrastructure a great opportunity in India, but bureaucracy still a hurdle
What is your view of India’s political and economic investment climate today? For India, this government is as good as it gets and is bringing changes on the back of business-friendly policies. It has a can-do attitude and an absolute focus on economic growth. Nothing was happening for a long time—almost a whole decade— and now things are moving fast.
We see India as one of the fastest growing economies globally and one that is continuing to accelerate. As an investment destination, we believe that India has a robust economic outlook given the underlying strength in consumption and a pick-up in investment that will continue to support a superior upward growth trajectory. What key hurdles should the Indian government urgently address to boost foreign investments? The government has developed a strong
Investment portfolio: Arif Naqvi says the Abraaj Group has invested half-a-billion dollars in India.