Morgans advisor, Dean Honan, is currently on an exploratory visit to India - he sends the following update

Morgans advisor, Dean Honan, is currently on an exploratory visit to India - he sends the following update. India to outpace China: A week into my tour of India and it's easy to see why economists are tipping the country to record 7% growth in FY16, a mark that would see it outpace China. From Mumbai to Ahmedabad to Delhi, the country is soaked in positive sentiment and investment. The new Modi government has outlined a 17 point agenda to move India forward, focusing on large scale infrastructure projects, labour reforms and a crack down on corruption. After touring the development rich areas of Gurgaon and Ahmedabad it's hard not make comparisons with China and I'm immediately taken back to my tour of Shanghai in 2006. What makes this growth even more staggering is the fact residents are doing it with the burden of 12% home loan rates. @dhonan