| I do think India's great appeal is because of the fact that it is a non-commodity emerging market and most of the sovereign wealth companies are commodities related and they want to invest in non-commodities countries with a lot of growth. So I do think that in the longer term India does look interesting for the sovereign wealth companies.
The key trends in India are the trade deficit, the current account deficit and the rupee. Of course they are all interlinked and the fact that the deficit remains at about $12 billion per month is what puts pressure on the currency. I do not see what the RBI can do...............................................Full Article: Source
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