India August 2018

Good News from India

South Korean President Moon Jae-in welcomes Premier Modi during his visit to New Delhi in mid-July. Together, they inaugurate a new Samsung manufacturing facility that will produce ten million smartphones per month.
MANISH SWARUP AP KEYSTONE

Good news from India: In the World Bank ranking of the world’s biggest economies, India overtook France and is now ranked in 6th place. Indian SME’s are also recovering well. In her insights, Chrys Kamber, Head of Indian Investments, analyzes the factors that contributed to this and why the Padma India Fund has again beaten the benchmark.