Is India succeeding in tackling the old problems?

SPECIAL REPORT

Vincent Lagger, manager of the JB Chindonesia fund at Swiss & Global Asset Management, on steps to propel India towards Asian economic leadership.

As Western economies struggle to contain the sovereign debt crisis and low growth environment, India’s economy is expected to expand by 6.5% in 2013. While still under the 8% pace reached during the last decade, these figures are nonetheless very respectable when compared to other emerging economies. In coming months, if the economic environment continues to improve, exports will gain traction. This, along with ongoing government actions and further monetary easing, should lead to decisive improvement in manufacturing activity and investments, providing strong tailwinds for equity ...