Health Policy

Experts bank on NBFCs, gold loan cos at economic summit

Healthcare in India

Amidst concerns in the regulatory-driven sectors s¬uch as power, there are opportunities in a slew of sectors in India, ranging from e-commerce, IT and IT-enabled services, NBFC, he¬al¬thcare, insurance and renewable energy, according to panellists at the India Economic Summit.

dIgitalhealth

They also felt that key sectors such as infrastructure, where regulatory concerns are making investments risky, may provide better returns in the long-term given the lower valuations at the moment.

VK Bansal, chairman, India – investment banking, Morgan Stanley India, said e-commerce and internet companies from India on a high growth path. He reckoned more companies from this space to raise funds from overseas investors in the next 6-12 months by listing in the US markets. MakeMyTrip, wh¬ich raised nearly $70 million via ADR in August 2010, was managed by Morgan Stanley.

We expect more such offerings from e-commerce space in next 6-12 months, he told during the summit.

dIgitalhealth

Sandeep Naik, co-head & MD, India of Apex Partners India, a private equity fund, said niche segment within the financial services sector such as gold-loan firms, regional media and retail offered spectacular prospe¬cts. Consumption is a big theme, Naik said, speaking at a session on Where is the most promising growth prospect in Indian markets for global and domestic investors?

Udayan Sen, CEO and managing partner, Deloitte India, said IT and ITeS companies in India are moving up the value chain, and would do well because of that.

Follow and connect with us on Facebook, Twitter, LinkedIn, Elets video

Eletsonline News

Follow us on


Most Popular

SUBSCRIBE OUR NEWSLETTER
200000+ Subscribers read it every day.
Subscribe Newsletter
To Top