"Indian Property Remains A Strong Draw For NRIS"
Anjalika Bardalai, is the Senior Analyst at Eurasia Group. She focuses on South Asian international relations and the economic and trade policies of India and Pakistan with a particular emphasis on fiscal and monetary policy. Bardalai holds a MBA degree from Imperial College Business School and has also done a B.A (honors) in Politics from New York University. Before joining Eurasia’s London headquarters, Bardalai worked at its New York office managing country finance, which covers financial institutions and financing methods in 45 countries. Anjalika’s sectoral expertise includes India’s information technology, property and financial-services industries. Prior to joining Eurasia Group, she worked with the Economist Intelligence Unit for 12 years where she held a number of different analytical and managerial roles. Bardalai not only led EIU’s economic and political forecasting and analysis for India, Pakistan and Afghanistan but she was also the manager of EIU’s Country Reports where s
How did you end up choosing the field of risk analysis?
I would actually say that my job is broader than risk analysis – I tend to look at the intersection of politics, policy, and economics. Of course, doing that for a country as dynamic and complex as India, is very rewarding as it presents much more of a challenge, I believe, than looking at a more mature economy or a country with a more homogenous political system. I started my career looking more broadly at Asia through the lens of financial systems – this was in the wake of the 1997-98 Asian crisis. But I’ve been focused more specifically on South Asia for the past seven years.
Which new areas of the economy should the investors look forward to investing in for the future?
I expect that the new government will be relatively aggressive in terms of selling stakes in PSUs. Combined with more operational autonomy for these firms – even if they remain majority-owned by the Government – this could mean that some of the better-run PSUs could be good investment opportunities. Sector-wise, infrastructure of course remains an immense investment opportunity, and we expect FDI restrictions in the defence sector to be eased so there could be some good opportunities there as well.