🇮🇳 India’s economy is growing rapidly, but access for non-Indians is difficult.
🚩 India faces bureaucratic issues, social problems like the caste system, and challenges in unification.
⚠️ Indian companies are trading at high valuations, with the market generally priced at 25-30 times earnings.
@Academiadeinversion:
“The Indian economy has not taken off as much, but the stock market has done incredibly well, especially in recent years. The problem is that it is very difficult to access if you are not Indian. Sooner or later, I think they will open their hand, especially to more and more institutional investors. India is one of the economies that has grown the most in the last two years. The Indian industrial PMI in the last two years is almost at 60, which is the highest in the world. India is a country that has immense bureaucratic problems, problems between provinces. It is a country that historically has not been united at all. It has always been several different kingdoms. It always has a problem of unification. It has social problems like castes still. It is a country that has a lot ahead. Many people want to compare it with the new China, but it is complicated. India is now trading at crazy levels, valuations of 50, 60, 70 times earnings, very good companies, but crazy valuations, and the stock market in general, I think, must be between 25 and 30 times earnings.”
Watch the exact part of the video where Adrián talks about Robeco Indian Equities here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Robeco Indian Equities at the following link. BLOG.
