Markets in India's decade

Have the markets already played out their dynamics before the economy has even properly taken off?

There is a clear sense among most analysts that India’s time has come. A confluence of the lagged impact of past reforms, geopolitics, shifting supply chains, and the sheer size and momentum of the Indian economy has created a buzz around India. Most expect the country to grow between 6 and 7 per cent for the coming years, with nominal gross domestic product (GDP) growth between 11 and 12 per cent. We will be the third-largest economy in the world before 2030 and already, on an incremental basis, deliver the third-highest contribution to global growth. In a world starved for