Annual Investment Outlook

Amidst the changing global macro backdrop, India is in a relatively better position. We are more domestic demand driven, there is political stability with a progressive reform agenda, and overall liquidity could improve with government spending before next general elections. India’s real GDP growth is projected to be 5.8% YoY in FY24 driven by improved contribution from Consumption and Investment. Over a longer term, positive levers in the form of strong political leadership driving the pace of reforms, demographic dividend, China+1 strategy, Domestic Manufacturing, and Digital push should drive India to become the 3rd largest economy by 2030.

In our flagship annual report, our investment team analyses macros, markets, and sectoral trends to provide an outlook for the year ahead. This report is aimed at providing our investors and partners with an overview of the economic setup and the market trends going forward. The deep research and analysis helps to draw a comprehensive picture of the investment environment.