SHOULD WE INVEST IN INDIAN EQUITIES

FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.

- PV SUBRAMANYAM

The structural growth drivers are intact and likely to compound powerfully over decades, while current valuations have become more reasonable after the 2024-2025 correction. Why the Long-Term Case Is Strong?

India is still in the early-to-middle stages of a multi-decade economic catch-up: Demographics: A young, growing workforce (median age ~28) and rising middle class, and urbanization rate still below 40%.

Projected real GDP growth: 6-7% annually for the next couple of decades according to most credible forecasts (IMF 6.4% for 2025-2026, with most long-run estimates in the 6-6.5% range; PwC, Goldman Sachs and others see India as the 3rd-largest economy by 2030 and possibly 2nd by 2047-2050).