China Tech Crackdown May Boost India, Says Emkay Brokerage Chief
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China’s crackdown on its technology firms could spur global investors to focus on India, according to Krishna Kumar Karwa, managing director of Emkay Global Financial Services Ltd.
Investor appetite in the South Asian nation will grow “manifold” in coming months, Karwa said on Bloomberg TV Thursday. While India is also sparring with big tech companies, firms investing in India know that the legal system “can be a bit slow” but is impartial, he added.