Being a Fund Manager for a dollar-denominated fund, I keep meeting many NRIs and foreign clients who are eager to invest in India.
During a recent meeting, in one such conversation, a foreign client expressed concern about India’s rising debt. My response was simple: I shared the following chart. If you’re based in the UK, US, or Canada, your debt per capita is significantly worse. And growth rate of Western countries is not something to cheer for as well.
It’s easy to borrow money and beautify your home with lavish interior decorations.
But as always, Atithi Devo Bhava. You are warmly welcome to invest in the world’s fastest-growing economy.
Jai Hind!
