23 Sep 2025 | 5 Mins Read

Pratik Gupta: Foreign investors lukewarm on India

Flipitmoney

India's foreign investment appeal has waned due to high valuations and its capital gains tax regime. Pratik Gupta, Kotak Institutional Equities' CEO, expects only 9% earnings growth in FY26. Domestic flows remain resilient, but foreign portfolio investors are rotating toward China, Korea, and the US, with India among the worst-performing Asian markets over the past year.