"Aaron Chaze makes a passionate cast that policy reforms have created superior investment opportunities in India for foreign investors who take the time to understand its companies and economic advantages. This is a lively primer on why and how to invest in corporate India that does not gloss over the risks."
—Le de Bever, Executive Vice President, Global Investment Management, Manulife Financial
"India is a less well-known and often misunderstood investment location, so a book like Aaron Chaze's performs a useful and timely service: it captures and analyzes very well a lot of diverse and complex material in a single place."
—Dr Jon Thorn, CEO India Capital Management Ltd.
"We are all aware of India's rapid evolution as an economy and a marketplace. But to better appreciate where it is now, Aaron Chaze helps us to understand not only the specific opportunities and challenges that India presents, but also crucially - the enormous potential that the country holds for foreign investors. A refresher for the experts; a "must read" for newcomers!"
—Daniel Dupont, Partner, Coller capital
"Part history, part sociology, part stock researcher, India: An Investor's Guide to the Next Economic Superpower Provides an excellent primer for any potential investor in understanding India."
—Edward Malesnaging Director, Investment Banking, Jefferies & Co.
| Sect. 1 | The investment canvas | 1 |
| Ch. 1 | What is driving the surge of opportunity in India and the opportunity for investors? | 3 |
| Ch. 2 | The intellectual structure and framework of the Indian economy : a historical and contemporary perspective | 31 |
| Ch. 3 | Change catalysts : cost of capital, corporate governance and the emergence of value | 41 |
| Ch. 4 | The landscape of political reform and diminishing risk | 49 |
| Sect. 2 | A guide to wealth creation in India | 61 |
| Introduction : investing in India : a brief introduction | 63 | |
| Ch. 5 | Privatization : a capital question | 71 |
| Ch. 6 | The old world : commodities and the making of Indian blue chips | 83 |
| Ch. 7 | The new world : fruits of liberalization | 113 |
| Ch. 8 | The future world : opportunity unbound | 175 |
| Sect. 3 | Opportunities and threats | 213 |
| Ch. 9 | India and its approach to energy security | 215 |
| Ch. 10 | India and China : creating a sustainable advantage | 223 |
| Ch. 11 | A compass for the future | 237 |
Overview
"Aaron Chaze makes a passionate cast that policy reforms have created superior investment opportunities in India for foreign investors who take the time to understand its companies and economic advantages. This is a lively primer on why and how to invest in corporate India that does not gloss over the risks."
—Le de Bever, Executive Vice President, Global Investment Management, Manulife Financial
"India is a less ...