India’s GARP Investing Edge: Overcome Valuation Hurdles

MicroStockHub/iStock via Getty Images India is an emerging economic powerhouse, and equity valuations are near record highs. We believe GARP investing may be key to accessing its growth while navigating soaring valuations. With India on track to become the world's third-largest economy with a projected GDP of $5T by 20271, this emerging economic powerhouse has been stealing the investment spotlight – and with good reason. Its stock market has consistently outperformed major benchmarks over the past two decades, and its $4.33T market capitalization has already surpassed Hong Kong’s2 stock market, reflecting its strong economic fundamentals. Soaring valuations may be raising…