Why AJ Mediratta doesn't want to invest in India?
India's archaic bond market laws are preventing it from accessing a $1.3 trillion cheap financing market. So says AJ Mediratta, Partner at Greylock a fixed income specialist focusing on high yield debt in global emerging markets. Over the last 4 years, his firm has invested in over 80 countries but India remains conspicuously absent. India’s corporate financing will get a new lease of life and it will also mean increased long term capital commitment by foreign institutional investors which will strengthen the rupee, a win-win situation for India.
