India attractive in itself, not just as alternative to China: PAG Boss - News Summed Up

India attractive in itself, not just as alternative to China: PAG Boss


Despite a global mandate, PAG so far has focussed predominantly in Greater China and Japan but India’s 1 billion plus, young demographics is the next big frontier. “We don’t invest in India as an alternative to the Chinese market. In itself, it is a very attractive market,” he said.Yet valuations – both private and public – remain expensive, feels Shan. China, India and South East Asia) are low trust societies and to be able to find a partner (promoter) to trust and invest in is difficult. If China can further reform the state-owned sector to downsize and privatise it, my feeling is it is good for Chinese economy.


Source: Economic Times January 22, 2020 03:33 UTC



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