India is re-calibrating. This economy can grow again at 7%. Perception is not matching the reality. Executives have got to look through the fog,” Chanana commented.
However, some analysts, such as Alexander Muromcew, Portfolio Manager of the TIAA-CREF Emerging Markets Equity Fund, remain skeptical as to whether India can continue its positive trends – especially since the 2014 election cycle will soon be beginning.
Regardless, many other analysts such as those from the Ashmore Group believe that there are many underlying factors that still make India a good bet. A big part of this belief lies in the existence of the country’s young, and increasingly urban, population.
However, some analysts, such as Alexander Muromcew, Portfolio Manager of the TIAA-CREF Emerging Markets Equity Fund, remain skeptical as to whether India can continue its positive trends – especially since the 2014 election cycle will soon be beginning.
Regardless, many other analysts such as those from the Ashmore Group believe that there are many underlying factors that still make India a good bet. A big part of this belief lies in the existence of the country’s young, and increasingly urban, population.
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