“India, our first pick…” Mark Mobius, ‘Indiana Jones of emerging market investing’

Updated:1 year, 10 months ago

New Delhi, October 22 (ANI): Talking about his choice of country for the investment in Stock Market, Mobius Capital Partners LLP founder Mark Mobius on October 22 said, “Of course, India would have to come first. Then I would probably look at Taiwan, which is, of course, a Chinese society, but it's a free society, and, they're doing very, very well. Of course, now we're beginning to see China come up, and there'll be some companies in China that'll be interesting, but still, India would be our first pick. And, sir, which sector, if you, want to invest in India, which sector you will prefer to invest? Technology. In the future, I believe there's going to be a big growth in, hardware technology. As you know, India is already very big in software technology, but now in the future, there will be more hardware manufacturing here in India. India's also focusing on semiconductor. So how do you see this semiconductor industry taking place in India? Well, it's already taking place because you must remember that many of the large, semiconductor companies in the world already have software development taking place in India. They have thousands of software engineers working for them.

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“India, our first pick…” Mark Mobius, ‘Indiana Jones of emerging market investing’

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