Investment Adviser 22 June 2015
India: Beyond Modi
The Modi government has succeeded in making incremental reforms such as improving bureaucratic efficiency and accountability, and it has been able to clear many previously stalled projects that were in need of government approval. But more structural, legislative reforms, such as those that pertain to land, labor and taxation may be more difficult to achieve over the short term. Sunil Asnani, Lead Manager of the Matthews India Fund, shares why he believes India will thrive over the long term, regardless of any challenging political developments in the short run.