The Asian Century & The Bharat Effect

These Days, Money Loves India!

Why Indian logistics and robot-driven automation will experience mega growth years through to 2030. It’s in the money to be made in Bharat!

“What is clear is that India is ticking many of the boxes that matter to international investors.” –Nicholas Spiro

Bharat (India)
Let’s not get away from the facts that India’s exports are way down the list for industrialized nations, that unemployment, primary education, and healthcare are wanting badly and won’t see a fix for a generation or two. And let’s not also forget that India has 250 million illiterates.

But, India has the largest population in the world…and the youngest of the industrialized nations. It’s gone from 60 million Internet users to 250 million (that’s a lot of cellphones!). All of which means that there’s consumer business there that is to be found nowhere else on Earth. Money knows that scenario very well and has packed its bags for the National Stock Exchange of India Limited, in Mumbai.

Currently the ninth largest economy in the world, it’s predicted that India by 2027 will be the third largest. And that’s a mighty big deal to money!

Morgan Stanley predicts that India’s stock market – currently the world’s fifth largest – will be the third biggest by the end of this decade. 

Morgan Stanley chief strategist says the way India handles fiscal deficit, manages interest rates, and has grown FDI (foreign direct investment) is the best he’s seen in over twenty years.In addition, data from JP Morgan sees Indian shares making 2023 its eighth straight year of gains. Meanwhile, while, global investors continue to sell down their holdings of Chinese stocks, they have purchased $15.8 billion of Indian equities since the start of this year.

Nicholas Spiro, expert on advanced and emerging economies and a regular commentator on financial and macro-political developments, wrote in the South China Morning Post: “What is clear is that India is ticking many of the boxes that matter to international investors. Not only is it the world’s fastest-growing major economy – it expanded at an annualized rate of 7.8 percent in the second quarter, powered by the service sector – it boasts strong corporate earnings driven by a long-awaited pickup in private investment.

“Just as importantly, Asia’s third-largest economy is the leading beneficiary of the sharp deterioration in sentiment towards China over the past several years. Although Indian stocks were already surging before Chinese shares peaked in early 2021, the rally has been turbocharged by the succession of policy shocks in China.”

According to the World Economic League Table 2023, “the pandemic had a particularly devastating effect on India – in absolute terms, India has the third highest death toll globally. This, in turn, led to a significant decline in economic activity, with output contracting by 6.6% in fiscal year 2020/21.

“A sharp rebound in economic activity followed, fueled by an uptick in domestic demand, as the pandemic subsided, resulting in GDP growing by 8.7% in fiscal year 2021/22, making it the fastest-growing major economy in the world.”

Inflation in India has been lower than in most other large economies and India’s inflation remains both closer to its target range, and to the previous decade’s average of 5.8% than in many other countries. Moreover, much of India’s current inflation rate reflects higher food prices, an erratic item but one that also accounts for a larger share of the consumer basket than in any other G20 country. The uptick in inflation has nevertheless been softened by India’s purchase of discounted Russian energy.

India Becomes Third-Largest Economy by 2028!
Why Role of Warehouse Logistics Will Be a Prime Mover

The Asian Century: Emphasis, India

Most of us won’t see this again in our lifetimes: India’s rise from #9 to #3 largest economy in the world…and the role logistics and robot automation have played and will continue to play in this incredible ascent.

Truly a combination of government, industry, and India’s business leadership making it all happen.

Please join us at This Is Robotics, Episode #25, 30 October 2023 for

The Asian Century: Emphasis, India

Included are two free downloadable research reports plus full article and podcast transcript from This Is Robotics and Asian Robotics Review’s The Asian Century: Emphasis, India. Coming 30 October 2023.

See also:

Indian Logistics Catches a Huge Break
Benefits of recent Goods and Services Tax (GST) already making sourcing, distribution, and warehousing easier, faster—and cheaper!

Indian Robotics: Sometimes the Future Is Now
Is India next up for an automation makeover? It appears so, and Indian robotics is rolling out to the launchpad to drive it all.