some very good companies in India

I have very substantial positioning in India. There are some very good companies in India, though the macro economic conditions are not very favourable. A very desirable and attractive sector is the consumption sector. The largest weight of India Capital Fund is in banks and financials, as they are very cheap and inexpensive; however, they are likely to remain inexpensive for quite some time.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.