Mumbai (AsiaNews)
- A young population and growing revenue : these are the factors that make
India a safe place in which to invest. This
is according to Clifton Desilva , a Christian entrepreneur and director of Altina
Securities ( a financial consulting firm ) , commenting on some recent
statements by P. Chidambaram
, Indian Minister of Finance , who spoke on Nov. 21 at a meeting of the South
Asian Diaspora in Singapore.
The
political leader said that "India is an attractive destination for foreign
investors , and safe , from the macro -economic and micro-economic point of
view". According
to the minister , the country "offers investors a variety of possible
businesses. Many are ongoing projects in the oil and gas energy sector.
Moreover , we have a potential growth rate of 8% ."
Desilva
agrees with Chidambaram's positive vision . "India
- he tells AsiaNews - is a very large country with a young population full of
aspirations. The problems
it had in the last two years are of a temporary
nature , and the long-term outlook appears bright . Investment and
consumption are fundamental : once
the investment cycle is launched , India will experience a strong growth.
"
Desilva
began his career in 1978. In
over 30 years he has been a stock broker and involved in investment banking ,
research and equitable financial management. In
1993 he founded the Altina Securites , offering equity
as a model for investments. (NC)