India, which is currently among the world’s top three investment destinations, holds tremendous investment opportunities. This financial seminar presented the current strength and future forecasts on India to become 2nd largest economy by 2025. India’s five year plans are the strength of India and it is not affected by any kind of political matters. India has irrepressible growth story and it is much stronger than other economies in the world after its economical reforms happened continuously for the past 20 years.
The Financial Seminar held in Jeddah, Saudi Arabia with Madan Kumar Ghildiyal, Consul for Commercial, Memon A Kader A Rehman and and , Dr. Haroon Sayeed, GS of Socio-reforms Society , headed by its President Alimfalki.
Indian well knows community Associations JISC and Socio Reform Society hosted a Financial Seminar focused on Indian achievements on post liberalization from 1992 till to date, India’s growth as 2nd largest economy by 2025 and also focused Non Resident Indian’s future security when they return back to India by taking financial secured plans for their pension, health care and their support to next generations.
The financial expert Sajith Kumar P K, CEO & Director of IBMC Financial Professionals Group was the main speaker. K D Unnikrishnan, Financial expert and Memon A Kader A Rehman Sait were speakers on the day.
Currently running 12th 5 year plan of India showing the sustainable GDP of 8% on year wise from the current level of 5.5 and the possibilities are higher to touch 9 to 10% in the coming years. India is the only country shown its capital market 100% recovery after the global financial downturn. India’s Politics and Policies are different, politics are keep on changing but policies are not changing.
India’s growth story is to continue for next few decades. It needs huge investment support both from internal and external sources. Recently India has opened more room for FDI investments by enhancing their limit of Investments and new sectors like Retail, Aviation etc.. India has second position in FDI confidence level after China. In 2013 itself there are 9 major investments happened to Indian companies from Foreign Entities.
India’s strong regulatory frame work and standing as world’s youngest nations with a median age of 25 years compared to other world economies are the key other strong factors for the future growth of India.
Sajith emphasizes on non Resident Indians will get more opportunities to grow with India by investing their savings in different sectors and also utilizing their international business and service expertise to build Indian different sectors into international standards. Considering the urbanization, India is the potential market for retail business. The opportunities are available for all class of investors.
Non Resident Indians should keep financial discipline and also should investments for their health, knowledge, pensions apart from the investments in traditional and modern investment product. NRIs should believe on their capacity and strength. Mutli-talent, multi-skills and international experience and knowledge are the major strength of NRIs and making them one of the best performing expats world wide. And share their knowledge and experience partially at their home towns and that will support each and every NRI to secure their life when they back to their home country.
K D Unnikrishnan had presented the importance of systematic investment and advised to start at their early age to get maximum return for the investments from their hard earned money. He also added the importance of following investment disciplines and he offered full support for NRIs investments. He also explained about the Indian regulatory system and how to open accounts for investments.
Memon A Kader A Rehman Sait focused more on the returns given by the top companies from India like Wipro for the past 20 years. He advised to take expert opinion before jumping for any kind of investments. That will help investors to make right decision on their investments. Stock Markets will show ups and downs and investors those who are looking for long term investments, India has huge track record of giving higher returns.
About JISC—Jeddah Indians Senior Citizens society , is new formed by Memon A Kader Sait to address the various welfare issues of NRI's Community in Gulf Countries , whereas Socio- Reform Society, is already a very well known NGO under its founder Mr Alimfalki saab , , working for the cause of elimination of Dowry systems, promote education and health opportunities.
