February 5, 2024

OPPORTUNITIES FOR INVESTORS: $134B INFRASTRUCTURE SPEND AND REFORMS TO DRIVE GROWTH IN INDIA

By Nigam Arora & Dr. Natasha Arora

India continues to be the best large emerging economy story for long term investors.  The Arora Report has been covering India for 16 years in ZYX Emerging.

Budget

For the Indian economy and the stock market, the government budget is always a big driver.   India’s budget has just been unveiled.  Here are the key points:

  • $134B spend on infrastructure
  • Focus on long term reforms
  • The target to reduce the deficit to 5.1% of GDP
  • Nominal GDP growth projection of 10.5% year-over-year

Positions

There are many ways to invest in India, but it is important to buy the right ETFs.… Please click here or the title below to read more.

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