Mumbai, Aug 08: BPO in the knowledge-based sector will remain a key driver for growth in India. While Indian shares have underperformed regional peers and other emerging markets over a six month period, the undertone is bullish and a large section of emerging markets fund managers are overweight on the outlook for India.
According to a section of leading foreign institutional investors who spoke at a conference organised by Sebi and Ficci, outsourcing in textiles and auto-ancillary besides IT services will remain key drivers for growth. Bureau Report