India: Into the Daylight

Global investors need to cast their net broadly to capture attractive investment opportunities. For decades, western analysts have believed that the economic potential and perceived advantages of India—such as a free market economy, democratically elected government and western-style legal system—would allow it to become a dominant global economic and political power. This potential has yet to be realized, causing many investors to avoid India. However, the political will and economic reforms needed to catalyze the emergence of India as a global economic power are beginning to appear and have the potential to finally jump-start India’s economy, lift its citizens out of poverty and produce attractive investment opportunities.