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2019•Equity Jurnal AkuntansiOpen access

India: The best performing market in the next 10 years?

Mary Manning

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Abstract

India is currently the fastest growing major economy in the world with GDP growth of over 6% this year. Given this high growth trajectory, by 2030 India is expected to be the third largest economy in the world after China and the United States. In addition, by 2030, India's population will have surpassed China's making India one of the largest consumer markets in the world. The Indian stock market (MSCI India) has increased over 200% in the last 10 years and now has a market cap of over AUD 7 trillion (larger than Germany).

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What this paper is about

India is currently the fastest growing major economy in the world with GDP growth of over 6% this year. Given this high growth trajectory, by 2030 India is expected to be the third largest economy in the world after China and the United States. In addition, by 2030, India's population will have surpassed China's making India one of the largest consumer markets in the world. The Indian stock market (MSCI India) has increased over 200% in the last 10 years and now has a market cap of over AUD 7 trillion (larger than Germany).

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Available abstract

India is currently the fastest growing major economy in the world with GDP growth of over 6% this year. Given this high growth trajectory, by 2030 India is expected to be the third largest economy in the world after China and the United States. In addition, by 2030, India's population will have surpassed China's making India one of the largest consumer markets in the world. The Indian stock market (MSCI India) has increased over 200% in the last 10 years and now has a market cap of over AUD 7 trillion (larger than Germany).

Key concepts: China, World population, Stock market, Population, Economics, Business, World economy, Development economics

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