India Equity Partners' Steven Wisch: Indian Entrepreneurs Are Asia's Best
Episode Description
Steve Wisch, founder and managing partner of private equity firm India Equity Partners, decided to focus on India because of the huge potential that he saw there. He points out that while India is probably the toughest country in Asia to conduct business in, the entrepreneurs there are the best in the region. Wisch believes that India has tremendous potential for the next many decades. 📂 Innovation
Brief Summary
Mr. Wish discusses investment opportunities and challenges in India's real estate and private equity sectors.
Key points
- The Promise of India. India has enormous opportunities ahead, not just for years but for decades and centuries.
- Challenges in Indian Real Estate. Navigating the real estate industry in India is fraught with challenges, especially for outsiders.
- Unique Management Practices. Indian managers are cost-focused and hardworking, but often lack breadth in management talent.
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Episode highlights
- The Promise of IndiaIndia has enormous opportunities ahead, not just for years but for decades and centuries.“India would be a great place to invest at some point.”1:29May 27, 2011
- Challenges in Indian Real EstateNavigating the real estate industry in India is fraught with challenges, especially for outsiders.“Real estate is probably even harder to be in.”3:15May 27, 2011
- Unique Management PracticesIndian managers are cost-focused and hardworking, but often lack breadth in management talent.“Many companies are very hierarchical; the promoter walks in, everyone stands up.”8:30May 27, 2011
Tension
40/ 100Low tension
