Posted 12/25/2023, 10:43:16 PM
India Primed for 10% Growth Despite Pending Reforms, Markets Could Triple in 5 Years
- India has potential for 10% growth driven by demography, consumption, infrastructure investment
- Reforms like GST, Jan Dhan, digitization have aided growth, but land and labor reforms still pending
- Infrastructure improvement visible - trucks take less time, fastags smoothen process
- Market volatility normal, but India indices can cross 100K in 5 years
- Retail investors should invest for 5 years, not time markets; increase equity allocation