India is resilient in spite of inflationary headwinds

ON EMERGING MARKETS

Franklin Templeton's Sukumar Rajah explains why he is so positive on the outlook for Indian equities.

India has emerged as one of the top investment destinations, over the last decade, helped by its strong fundamentals, growth potential and resilience during the financial crisis. The economy has undergone significant transformation during this period helped by drivers such as reforms, outsourcing and strong capital flows. The last few years have witnessed the arrival of companies with global scale and while tech companies became India's poster boys, companies from other sectors such as metals, capital goods and telecoms also occupied centre stage. Indian companies benefitted from the str...