India – An investment destination ?

India is one of the fastest developing economies on the planet with growth rates averaging more than 7% over the most recent years. Leading International agencies have anticipated India’s development story to continue in 2018 and 2019. India has in recent times witnessed booming stock market and growth in market capitalisation. India is also among the fastest growing consumer markets in the world. The recent taxation reforms such as GST should also contribute to growth in the long run. Economic growth and political stability are deeply interconnected. In coming years, the stability of political system is expected to be less volatile as compared to other developing nations. The spurt in youth population will also lead to a making of vibrant Bharat in days to come. Thus on a longer-term perspective, India will reward those investors who ignore short-term volatility.

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