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India is an interesting
place for investors

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because of demographics,
urbanization, premiumisation.

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So I think it's a
really exciting time

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to be investing in India now.

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You've got huge amount
of economic activity.

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You've got a massive
infrastructure boom.

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But more importantly
than that, you've

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got 100 million new
consumers coming

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into the middle
class, which means

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you're going to see a lot more
in terms of purchasing, buying

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of new products, premiumization.

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I think that's
the real long term

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opportunity for the economy.

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So one of the key
misconceptions about India

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is clearly around its valuation
and the valuation premium

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you're asked to pay for it.

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For us, as investors,
actually we

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don't see that in the same way.

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We see it as an
attractive opportunity,

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even with that valuation
premium, given the long term

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growth opportunity and the
high quality of corporates

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you find in that market.

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