ICICI Pru positions for global investment flows to India

Internationally sourced business is going to be an increasingly important contributor to revenues for top-tier Indian mutual-fund firms, says Nimesh Shah, chief executive at ICICI Prudential Asset Management in Mumbai. India's economy is on a secular growth path and will notch up 7% or more annual GDP growth figures for another decade or more, he adds. It's therefore a given that many Indian listed companies will achieve even more sustained growth, which will result in rising earning…