Audio – India a “safe heaven” for foreign money

December 6, 2007

hsbc-naina-lal-kidwai.jpgWorried that Indian curbs on participatory notes will slow the influx of foreign capital into India? Relax, says Naina Lal Kidwai, Country Head of HSBC India. Overseas money will continue to chase rapidly growing Indian corporates, which the world regards as “safe heaven” bets amid global uncertainty, she said at the Reuters India Investment Summit in Mumbai on Thursday.

To hear Kidwais comment, please click hsbc-naina-lal-kidwai.mp3

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