MakeMyTrip to Benefit from Rising India Wealth
For years, the financial media has been fixated on the explosive economic development in China. But while this is valid, investors seem to ignore the strong wealth creation in India, which, like China, has over one billion inhabitants.
Yet unlike China, with its focus on manufacturing, India is primarily known as a service economy.
But there may be more in common than different. India and China have seen a staggering rise in income levels, as the move to capitalism lifts the poor.
In fact, India's economy is growing at a faster rate than China.
The opportunity for investors is to play the growing income in India. When.
Den vollständigen Artikel lesen ...
For years, the financial media has been fixated on the explosive economic development in China. But while this is valid, investors seem to ignore the strong wealth creation in India, which, like China, has over one billion inhabitants.
Yet unlike China, with its focus on manufacturing, India is primarily known as a service economy.
But there may be more in common than different. India and China have seen a staggering rise in income levels, as the move to capitalism lifts the poor.
In fact, India's economy is growing at a faster rate than China.
The opportunity for investors is to play the growing income in India. When.
Den vollständigen Artikel lesen ...