The New NSL, page-80

It's definately hard to value.

But on reflection I like it. To bet again IOR is bet against the continued sucess of India itself.

This share mirrors much of India . Hopelessly disorganised, hopelessly late but somehow in the end they will take this their sip of coffee and show the world they have been severly underestimated.

If you can see better short term oppurtunities then I completely understand. But I'm long on this. we can't even comprehend the amount of infrastructure that will be laid down in India over the next few decades.