“IF INDIAN EQUITIES WERE A STOCK, IT WOULD BE A ONCE-IN-A-GENERATION MULTI-BAGGER”

That India has entered “Amrit Kaal’ is not just an eye-catching phrase. Built on the foundation of liberal democracy, supported by a population of more than 1.4 billion, powered by the twin growth engines of investment and consumption, India slowly but surely is inching towards its moment of glory in the world economy. The growth projections for the Indian economy are the highest for any large economy over the coming decades.

In 2022, India surpassed the UK as the world’s fifth-largest economy in terms of market exchange rates. Experts project India capturing the coveted third spot soon. With China’s period of rapid expansion over, thanks to geopolitics and slowing growth, the global economy needs a new powerhouse. The search for alternatives has accelerated and no country seems better poised to benefit than India.