Does it make sense to invest in the Indian economy 🇮🇳📈?

[Viuoo]

In Indian ETFs. I am thinking of doing this.
India has a 1.45billion population. A rising year on year gdp 5-9%. Opportunities are rising. It’s not an ageing population like the US and UK, it has increasing young people entering the workforce.
Goldman Sacs predicts it to beat the US economy in 2075.

Is there much risk? I can put in a bit of my income each month over 30+ years. Take out whenever there’s another global market crash.

The annual returns mostly increase year on year i can fetch 5-15% I think.

Makes sense

Very good to invest here

I don’t really know

I think it’s a bad investment

Updates

1 y

Indians poverty has dropped in 10 years from 29% to 11%. It’s investing in technologies, 4th strongest military. It has to compete with china that’s for sure.

Updates

1 y

It is also currently the fastest growing economy in the world

[jennifer_bloom]

I'm not Indian, I'm Chinese and I heard the two economies sometimes have cultural or economic rivalries with each other due to the lack of importation and migration between cultures and languages, but I do not have any negative feelings about any race or culture or group. I've met Indians that were good looking, intelligent, very kind, and very hard working, but I would say that I do not understand Indian economics or cultures enough to be a useful tool that could improve things for Indians or celebrate the Indian values that are present, either in India or in Canada where I often meet very kind and caring Indians, at work or church. Indians have a very dynamic, interesting and beautiful culture, but I know very little about it, because my social circle is more indigenous to my natural biological race.

[purplepoppy]

Too much corruption and there's still mass poverty and deprivation, so where is all the benefits of economic growth actually going? It's a sweatshop economy. Then there's all the 'questionable' Indian companies that are just there to scam the gullible. Unless you've got a very good knowledge of India I think it's best to steer clear.

[Viuoo]

Indian poverty has dropped from 29% 10 years ago to 11%. I am Indian by ethnic origin but English. I would be investing in the banks that are backed by the government.
The country itself is addressing its issues. Investing in technologies, fourth strongest military. It has to compete with china.

[Viuoo]

If you read it’s the fastest growing economy but it’s not as stable as the uk and USA that have been established for years. They will grow slowly but not exponentially

[AvgCollegeGuy]

Yaaa people are going to the moon with that shis


A buddy told me

[Viuoo]

Yeah that’s true

[PeonyPie]

Yes. Makes sence.
Stick with your country.
You seem smart so i think you will do great

[Likes2drive]

Makes sense considering you’re young enough still

[In_Trance]

Not for everyone