Meinl India Growth Fund

Meinl India Growth Fund

With its gigantic long-term infrastructure project, India has stimulated its own economy and opened it for good.
The large investments in ports, roads, telecom, irrigation and energy supply are now bearing fruit in myriad ways and are thereby boosting economic growth throughout the country to an ever increasing extent. The will to continue these investments is anchored in a variety of laws and investment agreements which extend far beyond the next several years and which will promote the development of the country in a lasting manner.

Demographics will give India excellent opportunities in the years ahead and open up credible prospects for growth for this Asian country. With a population exceeding 1.1 billion inhabitants, India is already the world’s most populous democracy today and it could well supplant China within the next decade as the most populous country in the world.

Parallel to this economic development, the prosperity of the population is also improving. Since India has a broad middle class, private consumption will increase apace, additionally stabilizing the overall growth trend. India’s opening of its market to the neighboring countries of China and Pakistan makes this expectation all the more credible.

Building on its first-class education system, its much improved performance as regards infrastructure and its growing health care system, India is now facing up to global competition. Investors can use this trend to their advantage by adding Meinl India Growth to their securities portfolio.