India will Grow faster than The US (According to Prabhai)

Varun Beverages...

• Thanks to lack of good corporate governance, the few that have them (about 100 businesses in India) will have all the smart investors pouring money into them, pushing PEs higher.
• So even though India will grow, you have these high PE business (where all the money is going into) coupled with the lemming behaviour of investors - not making the high returns that you could expect.
• India, is a winner takes all market. If done right, you win massively.