• SENSEX
    NIFTY 50
VIDEOS
Currency

Indian consumption space has opportunities, says Solitude Capital

Updated : August 28, 2018 09:37 AM IST

Investment firm Solitude Capital Management believes there are opportunities in Indian consumption space.

Joel Werner, CIO of Solitude Capital Management, at the 14th Annual Motilal Oswal Global Investor Conference, said that rupee had been a headwind for investments in India.

“We expect somewhere between 4 percent and 5 percent depreciation in the rupee versus the dollar as we underwrite our investments,” he said.

On investments, he said, “When we enter in the right investment, we are looking for two-three times our money in one-two years which makes a very special investment and they are hard to find. So we tend to have 15 investments at any given point and 10 of those investments tend to make up 80 percent of our capital."

 
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement