Like PI Industries on good business model, well-run management: Cartica Capital

In an interview with ET Now, Teresa C Barger, Cartica Capital, Co-Founder & Sr MD shares her views on PI Industries. Excerpts:

ET Now: Your latest buy is PI Industries. What is the rationale for investing in this one?

Teresa C Barger: First of all, we think that it is a very good company. It is very important to us that our companies be well-run and have great management, have a great business model with visibility as to how they can have sustainable revenue growth and margin growth. A part of the Modi agenda is to have agriculturally productive India.

India’s agricultural productivity has lagged tremendously. This is a policy that is in a right place and PI is addressing one of the key issues in India — which is getting productivity up in the agricultural sector.