India’s Structural Challenges by Sudarshan Murthy, CFA, Matthews Asia India has gained more international media attention since Prime Minister Narendra Modi swept into power with a strong majority over a year ago. The victory of this reform-minded leader was expected to kick-start growth. With its large and young population, India no doubt has enormous potential; as China ages, India can emerge as the manufacturing hub of the world. And it is widely expected that India will be the world’s fastest-growing major economy. However, optimism should be tempered with the knowledge that many of India’s biggest challenges have deep-rooted origins with…
Matthews Asia: India's Structural Challenges
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