Posted 4/7/2024, 3:45:00 AM
India's Economic Promise Contrasts China's Slowdown, AI adoption Offers Growth
- China's economy bottoming out, stock market technically breaking out; sees 20-30% upside in next 12 months
- India vastly superior long-term investment vs China; $100 invested 30 years ago now worth $1,800 vs just $150 for China
- Infrastructure and banks are attractive sectors to increase exposure to in India
- Small and mid-caps ultimate proxy for India's capex recovery; prime beneficiaries of robust economic growth
- Artificial intelligence adoption will have profound implications; India well-positioned to benefit given mathematical/English-proficient population