CapitaLand India Trust (CLINT) is perhaps the only pure-play and sufficiently liquid India stock listed in Singapore and it benefits from perhaps all of Morgan Stanley’s theses on why investors should invest in India for the current decade.
On Oct 31 this year, Morgan Stanley issued a 127-page report on The New India. “We believe India is set to become the world’s third-largest economy and stock market by the end of this decade. As a consequence, India is gaining power in the world economy, and in our opinion, these idiosyncratic changes imply a once-in-a-generation shift and an opportunity for investors and companies,” the report states.
Unlike China, which is encountering a demographic time bomb, India offers a demographic dividend. According to Morgan Stanley, The New India will be led by offshoring, digital differentiation and energy transition.
