Carmignac's Amol Gogate: Why a Modi election win could further propel India's markets

Modi projected to win

clock • 3 min read

Close to one billion Indian citizens were eligible to vote in the general election taking place between 19 April and 1 June, with the final results now imminent.

Exit polls have projected that Narendra Modi is set to secure a third term, although with a narrower majority than he had set out for. Historically, Indian elections have been notoriously complex and difficult to predict, but after a decade of solid growth, and if Modi does secure re-election, it will likely mark in inflection in India's growth story. TEMIT's Chetan Sehgal: The outlook for emerging markets halfway through 2024 During Modi's pro-business tenure, India has emerged as a major economic powerhouse, overtaking China as the country with the highest GDP growth. Modi's ...

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