LKS Investing In India

12 Sept 2024

India is a booming G20 economy. As per the IMF, India is ‘easily’ the fastest growing economy in the world. The Indian economy’s rapid growth has been attributed to the government of India (“GOI”) increasing focus towards higher capital expenditure over the last few years.1 It has seen consistent economic growth over the last decade and has a high future potential, thanks to its burgeoning middle class with increasing disposable incomes, several high net worth individuals and a stable democracy. It is also one of the relatively newer industrialised countries of the world and has a large and growing base of educated and skilled manpower.