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India's new government completed its first 100 days in power on September 3

abrdn .

abrdn

India's new government completed its first 100 days in power on September 3. Prime Minister Narendra Modi was swept into office earlier this year on a wave of euphoria amid hopes the former tea-seller from the state of Gujarat will rescue an economy that in recent years has hopelessly lagged expectations. Some 550 million voters handed the Bharatiya Janata party (BJP) a margin of victory that gives Modi, its leader, the strongest mandate an Indian premier has enjoyed in three decades. This may be India's best chance in years to make the sort of deep and meaningful reforms that will finally unlock the country's full economic potential. A review of the first 100 days suggests that the easy wins have been targeted. Adrian Lim, Aberdeen Senior Investment Manager, for Equities in Asia looks at the huge task still ahead of Modi to turn India's economy around. (VIEW LINK)


abrdn manages assets for a range of global and domestic clients. We invest worldwide and follow a predominantly long-only approach, based on fundamentally sound investments.

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