As The Economist reports, it's been a rough year for emerging markets, and in light of this, India's resilience is notable.
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?
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Stay tuned for an upcoming The Business Model feature on the emerging modelling market in Mumbai!