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Letter from Mumbai: better days beckon after rupee crash

Is there potential for better days to come for the Indian economy and an opportunity on offer in the equity market following the summer crash in the Indian rupee?

You have to question why a sports obsessive such as me would time a trip to Mumbai just a few days too early to see the “little master” trot out in his 200th cricket test and retire. What an idiot I am. Even so, aside from missing Sachin Tendulkar’s swansong, this was a fantastic trip to a fascinating city. Three days with analysts and fund managers plus sightseeing was a great introduction to India.

My aim was to explore whether there was the potential for better days to come for the Indian economy and whether there was an opportunity on offer in the equity market following the summer crash in the Indian rupee.

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