In developing economies, rising incomes and increasing levels of consumer spending fuel long-term growth potential. India, for example, has built 90 million toilets since the Clean India Initiative began in 2014, more than doubling indoor toilet coverage in the country.
Emerging Markets Equities
India: A positive outlook
Our long-term outlook for India remains unchanged. It is the largest democracy in the world and is among the fastest growing economies of its size bracket, with huge potential to expand further. If this young population is gainfully employed and made productive it has the potential to not only emerge as a large market globally but also to lift a large part of humanity out of poverty over the coming decades.
Everyday essentials, or emerging consumer?
We believe that if you follow the consumer, you’ll find the opportunities. Through on-the-ground research and expertise, our specialized emerging markets team connects our clients with the true growth potential of emerging markets.