GIB Asset Management's Kunal Desai said India's geopolitical positioning looked favorable as President-elect Donald Trump returns to office.
As well as geopolitics, Desai cited the country's monetary sovereignty, improving return on equity — a key measure of a company's profitability — and increased private investment as reasons to invest.For Desai,"one of the most attractive areas is cables, power cables and wires, which go into the development of urbanization and infrastructure projects in India."
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