Mark Mobius, Executive Chairman, Templeton Emerging Markets Group has given an order for investments in BRICS economy and his views are as appended below:
(Reordering the BRIC nations to BRCI)"The order would be at this stage of the game.. Brazil, in terms of performance. The valuations in Brazil are still attractive because there is growth. It is a well-rounded economy. Russia are very good prospects. India will come after China as it is better than India in terms of attractiveness."
So we find that India is falling apart in terms of investment as it is costly as well we can attribute to the flight of FIIS from country due to changing govt policies at a drop of hat and their going back on their words. We need to curb these govt tendencies to improve investment environment in India.
