Shyam Maheshwari SSG identifies the effects of Russia-Ukraine conflict on the investment industry in India

Shyam Maheshwari is the founder and partner of SSG Capital Management. Maheshwari serves on the Ares SSG investment committee and is a director of Ares SSG Singapore. He focuses primarily on origination and evaluation of investment opportunities in India and other regions throughout Asia. In his former position at SSG Capital, he was extensively involved in deal sourcing, analysis and investing in Asia and business development in India. Mr. Maheshwari is also Associate Member at The Institute of Chartered Accountants of India and on the boards of various companies. He received an undergraduate degree from the University of Calcutta and an MBA from Indian Institute of Management Bangalore.

Shyam Maheshwari SSG possesses excellent business acumen, expertise in investor relationship management and team-building skills with dexterity in mentoring and managing large deal sourcing and business operation teams. Shyam Maheshwari talks about the impact caused by the Russia-Ukraine conflict on India. According to him, even before the conflict began in Ukraine, the expected rise in US interest rates was creating pressure on emerging markets including India.

Russia – Ukraine war has impacted the economy of most countries in the world, in one way or the other. Shyam Maheshwari identifies the effects of the conflict on the investment industry in India. The hardening of interest rates could cause some stress in the retail credit. The conflict has aggravated the short-term market situation in India, Maheshwari asserts. Russia was investment grade and had a significant presence in most of the bond indices. They are in unchartered waters here. Shyam Maheshwari doubts whether the sovereign would be able to honour their commitments despite having reserves to do so.

Shyam Maheshwari is the founder and
 partner of SSG Capital Management. 

Shyam Maheshwari feels that this situation is creating forced liquidation of portfolios, margin calls and low liquidity in secondary markets. However, he believes that as the fundamentals of India are remaining strong, the impact of high oil prices may slow the growth rate but should still keep them at attractive levels. The off-shore credit markets are very attractive at present to acquire India related risk on higher-quality names. As this normalizes, the opportunities in local markets would again become more attractive, Maheshwari hopes.

On his advice to young entrepreneurs, Shyam Maheshwari SSG says that entrepreneurship is full of blood, sweat and tears – to create something of value or to fail in the attempt to create. All he says is that you are special to have the wherewithal to take this on and it does not matter if the outcomes are not what you wanted. The skills you learn and the experience you get in entrepreneurship are applicable to life in general – so you win either way.