India is best fast growing investment opportunity in the globe: T V Mohandas Pai

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Mangaluru: In the post liberalization era, India is witnessing an emergence of rapid economic growth, especially in tier 2 and tier 3 cities. Infrastructure development, penetration of internet with growth in IT sector, is resulting in a consumption boom, which in turn is contributing to the rise of a new generation of entrepreneurs and businessmen. These businessmen are successfully growing their business in their cities but scaling up beyond their home ground is proving to be challenging for various reasons like lack of, efficient capital, technology know-how and branding strategies. To brainstorm in this regard, an event was organised in Mangalore recently at Hotel Ocean Pearl in Mangaluru.

The event consisted of talks, interaction with industry experts on the theme “Scaling up: Insights for emerging businesses in tier-2 and 3 cities.” Audience comprised of businessmen and professionals from in and around Mangalore were took part in the event.

T V Mohandas Pai – President Manipal Global Education inaugurated the event and spoke about the present state of Indian economy. His insightful speech threw light on the potential our economy holds in the future. Pai said, “With US and Europe likely to grow at low single digits, India remains one of the best  fast growing investment opportunity, especially via the equity markets route which has given the best inflation adjusted return over long term.”

Venkatesh Kini – President Coca Cola – India and South West Asia spoke about importance of Branding and ways to scale brands beyond home markets. Kini said, “Mangalore has a unique culture and a unique identity; it is a microcosm of India with varied cultures from across the country represented here. If a brand can succeed in Mangalore, it can succeed anywhere in the country provided it is backed by the right investments and execution.”

Prakash Pai – Bharosa club gave a presentation on use of technology and how to scale up businesses using technology citing examples from his term at Nucleas software. “No use of technology is equal to no scale”, Prakash Pai concluded. The event was hosted by Samvitti Capital an asset management company which manages wealth for HNIs and corporates via SEBI registered alternative funds and Portfolio management services.

 

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