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What Makes India an attractive investing during Worldwide Economic Slowdown

Author: Sunil Kilaru
by Sunil Kilaru
Posted: Sep 13, 2019

India contributes nearly 3% of the world’s GDP but has only a 1% share of global investment money. If this figure were to just double to 2%, that would mean nearly $3 trillion of investments flowing into India. Describing its 1.2 billion population as a source of economic prosperity and progress, Mr. Sunil Kilaru quotes "India offers an unusual opportunity". China and the US have some trade issues, so the natural choice is India. Investors want to put money in a large market, democracy, in a place that has rule of law.

My sense is that there is no real deep slowdown. It is temporary, it will reverse very soon. What will work is whether you can get the private sector to invest because investment-driven growth would be the real growth.

We will see investments begin to pick up if liquidity comes back and if the cost of capital begins to go down substantially.

A ton of new investments will happen, but the reality is the corporate sector does not have the wherewithal at this point in time. That is the stark reality. Mr. Sunil Kilaru also empahsizes on the importance of contract enforcement, as in the case of the Andhra Pradesh, it really shakes the very foundation of the entire investment thesis in India. If there is no sanctity of contracts and there is no enforcement from the courts in a quick manner, then actually even whatever investments we’re getting is not going to be happening. So, this is actually a pressing matter. While it impacts the renewable energy industry in the state of Andhra Pradesh, it has very widespread ramifications of national importance. Therefore, I would really urge the Central Government to deal with this issue in a very, very serious manner.

About Sunil Kilaru:

Sunil Kilaru is an accomplished Entrepreneur in the fields of Infrastructure and IT. Sunil Kilaru is the Promoter & CEO of PRIME Living (www.primeliving.in), an Infrastructure company with projects in Bangalore, Hyderabad & Amaravati. He is also the Chairman of PRIMUS (www.primusglobal.com), an IT Solutions & Services Company with branches in Dallas, Bangalore, Hyderabad, Vizag and Pune.

Sunil Kilaru is an Entrepreneur based out of Bangalore, India focusing on two verticals - IT and Real Estate.

Sunil is the Founder Director & Promoter for PRIME Living. PRIME Living focuses on developing various Commercial and Residential Real Estate Ventures in Bangalore and Hyderabad.

Sunil is the Chairman and CEO of PRIMUS Global Technologies Pvt. Ltd. Under the Leadership of Sunil, PRIMUS acquired XT global’s India IT consulting division, Sarayu Telecom & Cafezee.

Prior to PRIMUS, Sunil was Vice President responsible for Professional Services of IPELION, a Dallas based Software Solutions Company.

Prior to getting into Management, Sunil was an IT Architect for Hitachi Consulting. At Hitachi, he was a Technical Project Manager for Hitachi’s Oracle Practice. His responsibilities included implementing Onsite/Offshore Oracle ERP solutions for Hitachi’s Clients like Haggar Clothing, AECOM, IHOP, Tekelec, etc. Prior to that Sunil was a Senior Consultant for the Technology group at Whittman-Hart, Inc. He has extensive experience in designing, building, developing and integrating various Web/ERP/Client-Server based applications for the fortune 500 clients of Whittman-Hart. Sunil was the first employee of Whittman-Hart Dallas office before it grew into a 10,000 strong consulting firm. Sunil helped the Dallas office of Whittman-Hart in getting a good client base with his extensive contacts during the initial phase. Sunil was involved in designing and developing IT solutions for client's like American Airlines, i2, 3M, InterVoice, Silicon Graphics, Aimco, Westin Resorts, and Warrantech.

Sunil has an MBA in IT & Finance from The University of Dallas, M.S in Computer Science from the University of Texas at Arlington and a Bachelors degree in Mechanical Engineering from Nagarjuna University.

Sunil is involved in various NGO’s like Truth Labs, Crime Stoppers India and Genome Foundation.

About the Author

Sunil Kilaru is an Entrepreneur based out of Bangalore, India focusing on two verticals - IT and Real Estate.

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Author: Sunil Kilaru

Sunil Kilaru

Member since: May 03, 2019
Published articles: 11

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