Posted 12/4/2023, 7:46:08 AM
India Poised to Attract Foreign Investment as Global Locomotive, Though Not Yet Rivaling China
- India seen as new locomotive taking China's place for global investors
- Swaminathan Aiyar says foreign investors will pour significant money into India in 2024
- Aiyar believes global outlook not as bad as thought, US economy achieved soft landing and is roaring ahead
- India now seen as new locomotive with growing importance, though not yet comparable to China
- Aiyar says global investors have likely already factored in a Modi victory in 2024 elections