In this edition:

  • Market overview: Indian equity market insights from SBI FM’s CIO team
  • Did you know? India – the third largest startup ecosystem in the world
  • Hot topic: Indian per capita GDP at inflection point – the booming middle class

India's startup ecosystem is thriving, with significant growth projected in the coming years. From a remarkable rise in the Global Innovation Index1 to an abundant skilled workforce and proactive government initiatives, explore the key factors fueling this dynamic landscape.
 
What are the driving forces behind India's booming startup ecosystem and its promising future?

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1 Annual ranking of countries by their innovation capabilities and outcomes published by the World Intellectual Property Organization

Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of 22 November 2024. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.

Date of first use: 22 November 2024

Doc ID: 4040049