FIIs have been selling in India and are moving money to cheaper markets like China, Hong Kong, and South Korea where valuations had turned attractive relative to India.
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of