(ICFAI conducts interactive webinar session on “Investing in India : New Investment opportunities and Game Changers ”)
“Improving the infrastructure is must for India to be competitive to attract investments” observed Mr Nilesh Shah, Founder and CEO, Envision Capital at the 32nd Webinar conducted on November 26th, 2021 on the topic “Investing in India : New Investment opportunities and Game Changers”. The Webinar is a part of the ICFAI’s WiseViews Interactive Webinar Series conducted on every Friday at 7.30 pm.
Mr. Nilesh described about the huge investment opportunities that India can explore in the coming years. Mr. Nilesh stated that “India is currently a 3 trillion dollar economy and has the potential to grow into a 10 trillion dollar economy in the next 30 yrs from now. India has close to 1.4 billion population and most of them are under 30 yrs of age makes another interesting prospect. Considering the fact that the rise in literacy and technology awareness give way to lot of startups which creates opportunity to attract more investments across all the industries”, he added.
Mr. Nilesh, further stated that 3 ‘D’s are extremely important to India’s growth. First is the Demographics, second is the Digitization and third is the De-carbonization. With the exciting and attractive demographics India will witness the rise in customer oriented business. Out of India’s total population over 500 million travel by train and the invent of new players in the aviation industry and the central government is planning to set-up of 80-90 airports in next few years, attracts more and more people travelling by flights in the future. With more and more people travelling, it will give a boost to hospitality industry as well.
“The adaptation of digitization plays a key role in India’s growth. India has proved that it is a great adapter of technology and the younger population is ready for the new changes in the technology industry”, said Mr. Nilesh. More investment opportunities are going to come in the food, agriculture and the insurance industry. Mr. Nilesh observed that investment opportunities emerge in the pharma industry too. He said that companies like “PharmEasy” coming up with IPO’s is an example of the investment opportunities in the pharma industry. With the new changes in the environment and people looking up to greener avenues, the De-carbonization will create more investment opportunities as well, said Mr. Nilesh.
Answering to a query in the Q & A session, Mr. Nilesh advocated that government should come up with stringent regulations to keep a check on the crypto currency.
The webinar was moderated by Prof. R Prasad, Director – Academic Wing, ICFAI Group and Prof. Sudhakar Rao, Director – Branding, ICFAI Group.
About 250 participants including entrepreneurs, Research Scholars, working professionals from various parts of the country registered for this webinar which was also live streamed on facebook.
About the Speaker: Mr Nilesh Shah, Founder and CEO, Envision Capital: Mr. Nilesh is the Founder and CEO of Envision Capital, and the Portfolio Manager of the India Value Portfolio. He has 29 years of experience in corporate finance and asset management.
Prior to Envision, Mr. Nilesh was the President of Kotak Mahindra Asset Management, where he led the investment team responsible for managing / advising $1.2 billion of equity assets. During this period, Kotak Asset Management received several awards and was ranked as one of the most successful asset management firms in India. He spearheaded the investment team responsible for advising the Kotak India Mid Cap Fund. He also managed the Fortune I-III / ACE Equity Portfolios, which delivered substantial outperformance through bottom-up stock picking.
Mr. Nilesh was with the Kotak Group for 13 years. He joined in 1994 and by 2005, became the youngest member of the Kotak Leadership Team comprised of the firm’s top 30 employees. Prior to asset management, he spent 8 years in corporate finance at Kotak and HDFC Group.
Mr. Nilesh holds a CFA from The Institute of Chartered Financial Analysts of India (ICFAI), where he ranked all-India 1st in CFA Preliminary Levels, and a post graduate in management from IRMA, where he was valedictorian. He has been awarded “The Achiever Award” by Jaycees (a global youth organization spread over 100 countries). In 2011, he was invited by the Columbia Business School as a speaker on “Investing: Finding Value in India”.
About ICFAI Foundation for Higher Education: The ICFAI Foundation for Higher Education is Deemed-to-be University under section 3 of the UGC Act 1956. ICFAI Business School (IBS) is a constituent of ICFAI Foundation for Higher Education. About 5,800 students are pursuing various programs in the Faculty of Management (ICFAI Business School), Faculty of Science & Technology (IcfaiTech), Faculty of Law (ICFAI Law School) and ICFAI School of Architecture, NAAC, an autonomous institute of University Grants Commission has also accredited The University with ‘A+’ Grade with an impressive score (institutional CGPA) of 3.43 out of 4.