Among emerging markets, India has proven to be the most consistent and sustainable investment opportunity over the last three years thanks to its changing fundamentals.
India continues to rank on top from a GDP growth standpoint amongst the large economies across the world. This is due to the economic reforms led by the Modi government and an economy which is relatively insulated from global headwinds as a result of its weighting to expanding domestic consumption. The underlying investment case is driven by a growing consumer middle class, increasing disposable incomes of an educated population and the rise of e-commerce. According to the IMF, GDP is poised to grow more than 7.5% in 2017, with an upward trajectory for 2018. This growth is su...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes