Ashmore India has recently set up a fund in India and CNBC-TV18’s Latha Venkatesh caught up with Ashwini Agarwal, Co-Founder & Partner of Ashmore Investment Management India LLP in a special series Crystal Ball to find out if Indian equities will not be as dependant on foreign flows going forward.
“Globally we are interested in large domestic markets. We have operations in Indonesia, Saudi Arabia and now we have launched a fund in India and we would like to do such kind of things in other countries. We are interested in local markets where operations are scalable,” he said.
