Arvind Chari on why India Is just 1.6% of the world's portfolios

Arvind Chari, Chief Investment Strategist at Quantum Advisors, joins Bhuvan to unpack why India has swung from being "TINA" (there is no alternative) to being called "anti-India" by global investors. They dig into why foreign capital still matters even with record domestic savings, why capital gains tax on foreign investors hurts more than people realize, and why India's capex cycle hasn't taken off despite years of optimistic talk. The conversation covers manufacturing versus services as India's real path to jobs, why public education remains India's biggest weak point, and how a new generation of engineers may be turning to manufacturing startups instead of chasing H-1B visas. Arvind closes with his honest take on what could actually turn him from an India optimist into a pessimist.

Timestamps

0:00 – Intro, meet Arvind

7:17 – Why India's returns stay strong

14:34 – What drives India's growth limit

21:51 – Case for foreign capital

29:08 – Where investment money can come from

36:25 – Why companies aren't spending on growth

43:42 – Can India manufacture like China did

50:59 – Fixing schools and public health

58:16 – Talented youth and new career paths

1:10:07 – What could make Arvind less hopeful