India is to drive a fifth of global growth by the end of this decade.
“It’s not India’s decade, it’s India’s century.” - Bob Sternfels, CEO, Mckinsey
“India’s coming decade of outperformance: The country will provide a compelling opportunity in a world starved of growth.” - Chetan Arya, Chief Asia Economist at Morgan Stanley
India is the 5th largest economy; expected to be the 3rd largest by 2030.
- Significant structural changes driving growth: Trinity of JAM (Jan-Dhan bank accounts, AADHAR, Mobile penetration) and the Tech Stack – Financialisation of savings, Direct benefit transfer, Rural housing schemes, and massive adoption of technology
- Major reforms streamlining the functioning of the Corporate Sector & formalisation of the economy: Insolvency & Bankruptcy Code, GST, and RERA
- Demographic dividend: Increased consumption due to urbanisation and the addition of 140 Mn households to India’s middle class by 2030; as per UN projections, India will continue to have one of the youngest populations in the world for the next decade giving it a demographic window of opportunity
- Robust macro-economic parameters - Healthy forex reserves, fiscal stability, controlled inflation, stable currency, and stable reformist government
At Capital League, we have been helping NRIs participate in the India growth story for over two decades.
To know more about the India Opportunity for long-term wealth creation, click here.