Mark Mobius Likes 'The United States of India'

11/24/23 • 25 min

India has emerged as the hot, new growth opportunity for global investors.

It's the world’s most populous country, and largest democracy. It’s home to a demographic swath of 600 million people younger than 30, and a booming economy growing by 7-8% a year.

India’s energy and opportunity have made it a magnet for foreign capital, leaving many convinced that the highest-quality growth is yet to come.

But is India's growth story the real deal? Is it at a tipping point too promising to ignore? Or is it just a diversification play for investors seeking to hedge their stakes in China?

Veteran emerging markets investor Mark Mobius, founder of Mobius Capital Partners, talks to Asia Centric’s John Lee and Tom Corbett from Chennai, and he reveals why he’s excited enough about India to make a big bet on its economic future.

See omnystudio.com/listener for privacy information.

India has emerged as the hot, new growth opportunity for global investors.

It's the world’s most populous country, and largest democracy. It’s home to a demographic swath of 600 million people younger than 30, and a booming economy growing by 7-8% a year.

India’s energy and opportunity have made it a magnet for foreign capital, leaving many convinced that the highest-quality growth is yet to come.

But is India's growth story the real deal? Is it at a tipping point too promising to ignore? Or is it just a diversification play for investors seeking to hedge their stakes in China?

See omnystudio.com/listener for privacy information.

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Asia Centric by Bloomberg Intelligence - Mark Mobius Likes 'The United States of India'

Transcript

Speaker 100:00:02.479

You're listening to Asia Centric from Bloomberg Intelligence, the podcast that pulls back the curtain on global business so you can invest better across the Pacific rim. I'm Tom Corbett in Hong Kong, and I'm John Lee. Emerging markets have gone from investment frontier to the new growth opportunity, and countries once considered niche markets are suddenly quite mainstream front and center. Is India a market full of superlatives, and for many glob