India: Home to 1.4 billion people, with an average age of 29 – an extraordinary demographic figure, particularly compared to the Western world’s ageing population. The stage has been set for a dominant workforce and a significant consumer. By the end of this decade, 25% of the global workforce will be of Indian origin. Its large and growing stock market is now the fourth largest in the world (only behind the US, China and Japan) with approximately 45% of the market owned by local founders and family structures.
These fascinating stats position the region as an unfolding growth story. But how can we, as investors, harness its potential? I sat down with Mugunthan Siva, co-founder and CIO of boutique investment firm India Avenue, and asked him to tell us more about why a group of ex-ING employees cut loose to use their combined experience and network to focus solely on India as a single investment region.
