DBS Chief cites overseas confidence in India despite capital outflow concerns.
Context
What happened: DBS chief Tan said she remains structurally optimistic about India despite capital outflow concerns, citing FDI, exports and FCNR deposit success as signs of global faith in Indian credits.
Key numbers: Tan cited GDP growth of over 7% and India's expanding middle class.
Why it matters: Tan said India's digital advantages and growth story are not sufficiently understood globally, and that India could be a world winner in AI if it adds hardware and precision engineering to its software strengths.