I'm currently not a holder but the NSL story looks good.
Just remember the Indian economy has always had a chronic lack of investment in infrastructure and productive assets. Without these their economy is prone to overheating and inflationary pressure.
The limiting factor for infrastructure and private sector capital spending has been a lack of foreign investment and a corrupt banking system.
Prime Minister Modi has made great progress on these issues, it will however take time for this to flow through.
The Indian population is expected to surpass the Chinese by 2022 and as long as the Indian economy can perform household income will increase and drive demand for products from NSL.
NSL have the potential of providing a compelling opportunity.
IMHO of course
Cheers GLTAH
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I'm currently not a holder but the NSL story looks good. Just...
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