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India has emerged as a global economic powerhouse, with one of the highest GDP growth rates and market returns over the last two decades. With a strong foundation of structural reforms and a supportive policy environment, the Indian equity market is providing compelling opportunities for investors seeking diversification and long-term returns amid global uncertainty.

As the world navigates economic challenges, India's resilience is underpinned by its robust domestic consumption and strong corporate governance. The country's vibrant market landscape, characterised by innovative industries, offers fertile ground for investment. With a balanced macroeconomic backdrop and transformative policy measures, we think India is poised to continue its growth trajectory, making it an attractive destination for investors.

80% in 2024

India’s bank account penetration vs 35% in 2011*.

140x

The increase in digital transactions over the last eight years to April 2025**.

$2.2tn

India’s household consumption has nearly doubled in the 10 years to 2023***.

*BofA Global Research, as of May 2025.
** BofA Global Research, as of May 2025.
*** UBS, as of June 2025.
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