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‘India’s relative position is strong’

DNMUM437626 | 6/13/2019 | Author : Anil Singhvi | WC :639

Q&A Ridham Desai, Managing Director, Morgan Stanley India
Zee Media Newsroom

Ridham Desai, managing director, Morgan Stanley India, says India’s relative position in the world due to the global slowdown is attracting global investors. In an interview with Anil Singhvi, Desai said the US strategists of Morgan Stanley fear that the US may enter into the grip of recession if the trade tensions are not sorted out during the G20 meet.

Why are the foreign investors showing interest in India?
There are different reasons. The first is India’s relative position in the world because global growth is slowing down. There is a slowdown, but India is growing, and it seems it will continue to grow in the future too. So the relative difference in growth is favouring us. The second thing is
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