India resilient outlier among emerging markets

As The Economist reports, it's been a rough year for emerging markets, and in light of this, India's resilience is notable.

Downtown Mumbai, India | Photo by  Jasvipul Chawla

Downtown Mumbai, India | Photo by Jasvipul Chawla

India is a notable exception to the general pessimism. Its stockmarket has touched new highs. The rupee is stable. And the IMF nudged up its 2014 growth forecast for India to 5.8%. That figure is still quite low: growth rates of 8-9% have been more typical. But in comparison with others it is almost a boom. Why is India doing better than most emerging markets?

Read the full article here.

Stay tuned for an upcoming The Business Model feature on the emerging modelling market in Mumbai!


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