Indian Wealth Management Forum 2019 - Highlights - Abhijit Joshi

Abhijit Joshi of Veritas Legal

Aug 26, 2019

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1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

The opportunity, especially for India, is tremendous for two or three reasons. There is an amount of political uncertainty, there is the possibility of estate tax and this conventionally results in a fair amount of inquiry, if not mandates; that's what we are seeing. So that's the opportunity. The challenge is: I don't think the industry has as much depth as you would see in the Western world. That's a challenge that we have to meet but think both will go together and eventually we will arrive there.

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