<p>Amid coronavirus outbreak, India could be an answer to China's alternative to various companies who are looking to diversify from the virus-hit nation, according to veteran investor Mark Mobius.</p>.<p>Mobius, in an <a href="https://economictimes.indiatimes.com/markets/expert-view/india-must-draw-in-companies-seeking-china-alternative-mark-mobius/articleshow/74450253.cms" target="_blank">interview </a>with <em>The Economic Times</em>, said that amid the outbreak, India looks good not only because of a low incidence of the virus but also because of the desire of manufacturers around the world wanting to diversify away from China as a source of parts and raw materials. </p>.<p>"It is very important, therefore, for the Indian government to open its doors widely to such industries for investment in India," Mobius said.</p>.<p>To date, more than 3,000 people have died from the new virus, while nearly 90,000 have been infected around the world, according to AFP's latest toll based on official sources.</p>
<p>Amid coronavirus outbreak, India could be an answer to China's alternative to various companies who are looking to diversify from the virus-hit nation, according to veteran investor Mark Mobius.</p>.<p>Mobius, in an <a href="https://economictimes.indiatimes.com/markets/expert-view/india-must-draw-in-companies-seeking-china-alternative-mark-mobius/articleshow/74450253.cms" target="_blank">interview </a>with <em>The Economic Times</em>, said that amid the outbreak, India looks good not only because of a low incidence of the virus but also because of the desire of manufacturers around the world wanting to diversify away from China as a source of parts and raw materials. </p>.<p>"It is very important, therefore, for the Indian government to open its doors widely to such industries for investment in India," Mobius said.</p>.<p>To date, more than 3,000 people have died from the new virus, while nearly 90,000 have been infected around the world, according to AFP's latest toll based on official sources.</p>