Economics: The continuing strength in India

India has been making steady progress since the economy's liberalisation in the early 1990s and, whil...

India has been making steady progress since the economy’s liberalisation in the early 1990s and, while reforms have been slow to materialise, the long-term prospects are positive. K N Sivasubramanian, senior portfolio manager at Franklin Templeton Investments, says the economy has continued to grow at a robust pace, a point Jacqueline Aldhous, head of offshore equity analysis at Forsyth Partners, agrees with. “Figures two weeks ago showed the country has seen nominal GDP growth of 13.4% year on year over the past 12 months so growth has been a lot better than expected,” she says. “The ser...