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India story can boom for 20 years, if. . .: Kamath

June 25, 2008

He said he has never seen so much investment flowing into the country. In India, currently, projects worth more than $750 billion are in the pipeline. He said Indian industries are sitting on a cash pile of $150 billion. He told some top investors, "You don't need to finance at all."

Image: Vishakha N Desai, President, Asia Society, made the welcome remarks at the seminar -- India's Financial Markets III -- in New York.

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