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Fairfax India Report


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Fairfax investment in India was also bet on election of new prime minister in India with thesis of him ushering new reforms and bringing in economic growth.


But latest decision not to continue reserve bank governor seems motivated by political rather than economic reasons. Does it call into question thesis for Indian investment?


There are investment opportunities in India irrespective who is governor of the RBI but decision to launch fund and make India focus destination also seem to be motivated by confidence shown in execution ability of Mr. Modi rather than just fundamentals.

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