Saturday, April 16, 2011
All macro indicators reveal that India has the potential of becoming an economic superpower in next decade, which will reflect in the stock market. Not only did India weather the recent crisis, it actually grew at a pace second only to China, demonstrating that it has built the foundation for a strong growth. This is good news for all investors. A high-growth trajectory will directly influence the stock market, which will mirror the same path.
Here is evidence to prove that the good times may be here for a long time:
The fact that the Indian banking system was not crippled by the global malaise stands testimony to its strength in terms of capitalisation. A strong banking network is crucial for Strong GDP Growth and Indian banks are prepared to back both the industry and common people. Similarly, the government’s thrust on infrastructural growth should boost productivity, whereas programmes for rural areas will ensure inclusive growth. This is possible due to a stable political environment, which goes hand in hand with economic stability.
India - All Set to Deliver Strong GDP Growth
India GDP Growth|