Never seen foreign investors so upset with India: Fund manager Samir Arora
Veteran fund manager Samir Arora said he has "never seen" foreign investors "so upset with India". He said the reason for the FII (foreign institutional investor) exit is not a lack of LLM, but high taxes, currency weakness and lack of accountability. According to a JM Financial report, FII ownership fell to a 14-year low of 14.7% in April.