Thoughts about my recent India trip

I recently traveled to India and had the privilege to meet key government ministers and corporate leaders in Delhi, Mumbai and Bengaluru. The enclosed report summarizes the findings of my trip. There might of course be temporary setbacks, but Indian equities remain a long-term structural core holding in our clients' portfolios. In fact, I have been impressed by the determination of the country's establishment to push through on reforms, and use new emerging technologies to include the growing population in the financial and economic system. Risks will always be there, but the country is showing the right mindset by interpreting them as opportunities! I hope you enjoy reading the report.