By Kunal Desai, Head of Indian Equities at Neptune Investment Management
Following the MSCI India Index’s 26.4 per cent return in 2014, stemming from a 7.3 per cent rise in GDP, investors have recently become increasingly concerned about India’s future growth potential. What has happened to India’s reform agenda and are there any signs of an earnings upgrade? During a recent trip to India, Kunal Desai, Head of Indian Equities, found five reasons for optimism.
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