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ET Now GBS 2024: India among most attractive foreign investment hotspots, says Gerry Grimstone, chairman, Gemcorp Capital Management

As per Gerry Grimstone, five states in India at the moment attract 90% of foreign direct investment. "How do we level up states that have fallen behind or weren t so lucky to benefit from this?" he said. This situation is similar to that in the UK, where there is a huge concentration of economic activity in London, he said. ....

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Mutual Fund: ET Now GBS 2024: Tremendous scope for mutual fund industry in India, says Jenny Johnson, CEO, Franklin Templeton

"Only 5% of the population has mutual funds. So, we are incredibly excited about how the future is going to be," said Jenny Johnson, chief executive officer of the $1.4 trillion global investment management giant. Johnson, who has lived in India briefly during her long career with Franklin Templeton, said she had really seen the country grow over the past 27 years. ....

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