India is the play
Posted: Jun 15, 2024
- India has a rapidly growing economy and is expected to be a global economic powerhouse by 2025 - The country has a large, educated population hungry for technological advancements and luxury goods - India's middle class is growing rapidly, with per capita income increasing significantly since 2014 - The EPI ETF is a good investment opportunity for exposure to the Indian market
🚨 Reddit sentiment: mixed/negative - Comments showcase a balance of views with a tilt towards skepticism about India's potential and reliability for investments or business. Summarized comments: - Discussion on buying Indian stocks or the entire Indian market - India is producing many engineers but many leave the country - Argument against the potential growth of Indian companies based on personal experience - Suggestion to buy MSFT as a play on India - Some own INDA but cautious about long-term certainty - Comparison between current views on India and past views of Japan - Skepticism about India's potential to become like China - Commentary on the challenges faced by India - Skepticism about relying on India for business or investments due to past experiences - Mention of job outsourcing to India affecting local employment Stock tickers discussed: $MSFT, $INDA
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