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

Modi projected to win

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 ...