*In a chat with ET Now, Ruchir Sharma, Morgan Stanley Investment
Management, gave his opinion on India's growth despite global turmoil.
*
What do you say on India's growth despite global turmoil?

India's concern the biggest thing that makes me cautious is that any success
brief complacency and I think that to me is the biggest danger that there is
this belief in India that no matter what they do they will achieve 8%
economic growth almost regardless of what is happening elsewhere in the
world.

And I think that sort of attitude is something which I find a bit disturbing
at the margin that what you almost want in emerging markets for policy
makers to be a bit cautious because the reforms in emerging markets if you
look at it historically a typically carried out when people have their backs
with the wall and not when there is a lot of complacency so I think that to
me is the biggest risk that the policy makers are...

*Safe Harbor Statement:*

*Some forward looking statements on projections, estimates, expectations &
outlook are included to enable a better comprehension of the Company
prospects. Actual results may, however, differ materially from those stated
on account of factors such as changes in government regulations, tax
regimes, economic developments within India and the countries within which
the Company conducts its business, exchange rate and interest rate
movements, impact of competing products and their pricing, product demand
and supply constraints.*
**
*Nothing in this article is, or should be construed as, investment advice.**
*

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