Cisco chairman and CEO John Chambers spoke to NDTV's Vikram Chandra on the sidelines of the annual World Economic Forum meet at Davos. "If I were going to bet on one emerging country in the world I'd bet on India," Mr Chambers said.

Ms Kochhar, who is here to attend the WEF Annual Meeting, was responding to a query on the problems of bad loans in the Indian banking sector.

Real Estate Investment Trusts or REITs will be a "booster rocket" for investments coming into India and realty players are awaiting more clarity on the proposed new instrument, JLL India chairman and country head Anuj Puri has said.