In their latest Gemologist publication, Gary Greenberg, Head of Emerging Markets and Kunjal Gala, Senior Analyst, assess India’s ability to modernise and truly emerge.
“The futuristic architecture and glass towers of Shanghai and Seoul defy old stereotypes about emerging markets. But investors heading into Mumbai from the airport, confronted with searing poverty and pollution, could be forgiven for questioning the talk of Asia’s economic miracle taking root in India.
We would encourage them to take a broader view: although corruption and inequality remain endemic, there are signs of profound long-term change.”
Read Gemologist here