June 11, 2024

Is Now the Time to Invest in India?

India is having a big moment as some forecasters predict its GDP will double by 2031, and the World Economic Forum says it could become the world’s third-largest economy in the next five years. Demographics are playing a huge factor: India is a young, growing country with the working-age population expected to increase by 100 million over the next decade.

In this episode of Buckingham Perspectives, Chief Investment Officer Kevin Grogan discusses whether investors can take advantage of these trends by investing more in stocks of Indian companies. Although we believe it makes sense to invest in India as part of a diversified emerging markets allocation, academic evidence shows the potential for future economic growth is not reason enough to overweight any country, including India.

If you have any questions, please drop us a note.

Sources: Morgan Stanley. India’s Impending Economic Boom. Nov. 8, 2022. World Economic Forum. “India could become the world’s 3rd largest economy in the next 5 years. Here's how.” Jan. 15, 2024. Jay R. Ritter, University of Florida. Is Economic Growth Good for Investors? Aug. 7, 2012.

For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based on third-party data and may become outdated or otherwise superseded without notice. Third-party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this information. Please be advised that Buckingham only shares video and content through our website, Facebook, LinkedIn page, and other official sources. We do not post investment advice on WhatsApp, Telegram, other interactive applications, or other similar platforms. Rather, Buckingham provides investment advice only through individualized interactions.

Category

Investing

Content Topics

About the Author

Kevin Grogan

Chief Investment Officer

As Chief Investment Officer for Buckingham Wealth Partners, Kevin conducts investment research and writes articles on a wide range of topics, including retirement planning and investment policy. Kevin co-authored "The Only Guide You’ll Ever Need for the Right Financial Plan" with Larry Swedroe and Tiya Lim. This step-by-step handbook focuses on the art of investing by providing investors with information they can use to build a tailor-made investment strategy. Kevin holds an MBA from Saint Louis University and a bachelor’s of science in finance from Missouri State University in Springfield.

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