IW Long Reads: The sun rising - Is India ready to take the crown from China?

Country priming itself for a comeback with booming middle class and tech sector

With the IA China/Greater China sector producing a gain of more than 33% in 2020, it is little surprise investing in China remains firmly in the spotlight for investors. Set against a turbulent backdrop for global equity markets last year, the MSCI China index rose 25% in 2020, and as at the end of February 2021, China accounted for 39.5% of the MSCI Emerging Markets index. Someway behind in terms of benchmark make-up, behind both Taiwan and South Korea, sits India, with a weighting of just 9.2%. Often seen as an expensive area of emerging markets to invest in, the MSCI India index rose...