Indian market has further upside

markets forum

demographics and economic fundamentals suggesting continued growth in the region, says hsbc's sanjiv duggal

With the recent rebound in emerging markets, and Asian markets in particular, some investors fear they may have missed the boat in places such as India. However, according to Sanjiv Duggal, director and CIO Indian equities at HSBC Asset Management, the Indian market still has a long way to go. The demographics and economic fundamentals in India combine to offer investors renewed opportunities in the next five to 10 years, with GDP growth rates running at 5%-8%. This is fuelled by a swing to high growth sectors and increasing consumption from the one billion-plus population, 54% of whom...