'India’s Evolution Has Been Fascinating...' Ace Investor Mark Mobius Shares Then-Vs-Now View - Post

Mark Mobius on Indian Markets: Mark Mobius, renowned investor and veteran of emerging markets, has shared his reflections on India’s remarkable evolution in a retrospective comparison of “Then vs Now.” Drawing from his 2008 observations published in Tatler magazine, Mobius wrote a new piece on this website sharing how India has emerged as a stronger and more promising investment destination underpinned by sweeping reforms and technological advancements.  

“India’s private sector was thriving despite government bureaucracy and poor infrastructure,” Mobius noted during his 2008 travels throughout the country. At the time, he expressed concerns that challenges such as potholed roads and regulatory hurdles could lead businesses to favour China over India. However, significant strides over the past decade have reshaped this narrative.  

Mark Mobius Appreciates PM Modi’s Reforms - Details

Mobius attributes much of this transformation to reforms introduced under Prime Minister Narendra Modi ’s administration. “Under the Modi government's digitisation programme, dealing with government requirements is becoming more efficient. This results in lower costs,” he explained, underlining how streamlined processes have boosted investor confidence and operational efficiency.  

Having invested in India for decades, Mobius has witnessed and capitalised on its economic journey. In 2008, he focused on sectors like banking, insurance, and consumer stocks, identifying their growth potential early on. As India’s economy diversified and expanded, so did his portfolio. “Later, I began going into the software sector, investing in firms such as Tata Consultancy Services,” he revealed, highlighting the country’s growing technological prowess.  

Mobile Phone Industry Is Compelling Investment Opportunities: Mobius

The mobile phone sector has also been a key area of interest for Mobius. “Today, the mobile phone industry in India remains a compelling investment opportunity,” he said. However, he expressed caution regarding the auto sector, despite acknowledging its promising growth prospects.  

Mobius’ reflections highlights the value of patience in emerging markets. “If there’s one thing emerging markets teach us, it’s that patience often reveals the biggest rewards,” he remarked, praising India’s progress while staying optimistic about its future trajectory.  

From navigating bureaucratic inefficiencies to becoming a global leader in software services and digital innovation, India’s transformation has not only been an economic triumph but a testament to resilience and reform. “India’s evolution has been fascinating to witness, and I’m thankful to have been part of the journey since the early days,” Mobius concluded.  

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