Investing / Economy
Add as a preferred source on GoogleA larger securities allocation could give Indian companies another source of local financing.
BlackRock Investment Institute’s “India: follow the money” outlook, published Oct. 26, projects that the share of newly accumulated household wealth directed to shares, investment funds and debt securities could reach four times its current level within a decade.
The shift could expand the domestic capital available to Indian companies seeking funding.
The estimate concerns future savings flows; it does not report a completed rise in existing securities holdings.
He said the comparison with 1991 concerned the moment’s significance, not a shared balance-of-payments crisis. A January preface separately urged India to strengthen resilience.
Mint reported planned investments of ₹100 crore to ₹500 crore for businesses with revenue of ₹200 crore to ₹2,000 crore.
An Oct. 28 filing showed 15% underlying sales growth and 7% underlying volume growth for the quarter ended Sept. 30.
