Thermax family office shifts focus from global to Indian equities
The family office of India’s Thermax Group is looking at a staggered increase in the allocation to Indian equities, citing unique growth opportunities and favourable valuations compared to developed global markets.

Mephezalea, the single-family office of India’s Thermax Group, has become more bullish on Indian equities, reflecting a shift from its earlier global focus, according to Amol Sathe, head of global investments at the firm.
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