From Nasdaq:

In this episode of ETF Spotlight, Kevin Carter discusses why India is considered the perfect emerging market opportunity. India remains the fastest-growing major economy, with the IMF projecting 6.5% growth in 2024. Multinationals are turning to India amid China’s economic downturn, with Apple and Nvidia announcing partnerships with Indian companies. Indian stocks have outperformed China’s.

India has seen significant digitization progress in the last five years. The Aadhaar digital ID scheme and the UPI payments system have been key drivers. The India Internet & E-commerce ETF, INQQ, holds promising companies positioned to benefit from this digital boom and has seen over a 38% increase in the past year. Another promising ETF is the WisdomTree India Earnings ETF, EPI, which holds profitable companies in the Indian equity market and has significantly outperformed the iShares MSCI India ETF, INDA.



Read more: India ETFs Are Booming; Here’s Why