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India Right On Top For Us, Alongside US, China
Business Standard
|March 13, 2025
Mirae Asset Global Investments is looking to further leverage its India presence by launching more India-focused funds in the US, Australia and Europe, says YOUNG KIM, president and chief global officer. In an interview with Abhishek Kumar in Mumbai, Kim says that even as short-term investor interest has shifted towards AI and tech stocks in the US and China, India remains an attractive long-term opportunity for global investors. Edited excerpts:
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What are your plans for the next phase of growth in India?
We have a firm belief that India's growth story will only get stronger, and we want to be part of it. For instance, at the group level, Mirae Asset Capital Markets acquired Sharekhan last year. We also have a presence in the NBFC and alternative investment space. Efforts are on to create synergies between these entities. ETF is the other focus area. We see ETFs as a game-changer, not just in India but globally, and are making it a high-priority initiative for the next few years.
How do you see the India market? Are there plans to further leverage your presence here by offering more India-centric products to your international clients?
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