Insights
India-An asset class in itself
The best is yet to come!!!
Fastest growing major economy in the world with a GDP growth rate of 6%+ per annum
5th largest economy in the world on track to become 3rd largest by 2027-28 by Nominal GDP; Currently, 3rd largest in PPP (Purchasing Power Parity) terms
India’s unique 5D advantage
World’s largest Democracy with a strong legal & judicial framework
Favourable Demographics profile
Exciting consumer landscape leading to a strong potential in domestic consumption market and rising Demand
Massive opportunity in infrastructure Development
Employment of ubiquitous Digitalization as a tool for transformation of people’s lives
Robust corporate framework & strong financial sector
Well-functioning securities, derivatives & commodities markets with an effective capital markets regulator
Largest number of listed companies and third largest investor base in the world
Corporate balance sheets relatively under-leveraged with improving corporate transparency and governance standards
Healthy savings rate and un-leveraged consumer balance sheet to stimulate growth
Progressive direction of economic reforms irrespective of political combine in power
Improving fiscal performance, healthy forex reserves, low external debt to GDP ratio, comfortable BoP (Balance of Payments) position & low current account deficit
Compelling investment opportunity
Favourite investment destination among emerging markets with both inbound and outbound FDI rising at a rapid pace over last 10 years
India included in the JP Morgan GBI-EM bond index with a 1% weight and an eventual 10% weight going forward
Rising weightage in the MSCI Emerging Markets Index from levels of 7% in mid 90s to 20%+ now
Exposure to India provides diversification as India’s stock market enjoys relatively low correlation to global markets and is driven more by domestic factors
