Came across an interesting report from Dalton India – 'The First Decade and The Next Decade'. When Dalton launched their India fund in 2014 → India was the world's 8th largest economy at $2.0 trillion, (part of Morgan Stanley's "fragile five" vulnerable economies). 2025 → India is now the 4th largest economy at ~$4 T (7% CAGR in USD terms). What changed over the decade?⤵️ 🛢️ Oil dependency cushioned → Oil imports as % of (Services + Remittances) fell from 67% (FY13) to 29% (FY24). 🏠 Domestic capital moved up → DIIs now hold 17.6% of NSE vs FIIs at 17.2% (first time ever). 📈 Retail participation jumped → 1 in 14 households (2019) to 1 in 5 (2024), largely SIP-driven.
Download the medial app to read full posts, comements and news.