“JPMorgan Sees India Share Sale Boom Reaching $30 Billion in 2024”
September 18, 2023
“…India will see at least $30 billion raised annually through primary and secondary share sales in 2024 and in the years to come, as companies and their shareholders are more willing to tap the market for funding, according to JPMorgan Chase & Co…
JPMorgan is the top manager of equity and rights offerings in India in the first eight months of 2023, according to data compiled by Bloomberg League Tables. The American bank has a market share of nearly 15%, followed by Kotak Mahindra Bank Ltd., which has an 11% share of the market…”
https://finance.yahoo.com/news/jpmorgan-sees-india-share-sale-025514858.html
India has good population demographics. It’s one of the few countries that do. Future investments will be good there. Their economy will do well while other countries with poor population demographics will struggle. Countries like the US offset their demographics a bit by immigration but others that don’t have no other choice but to face a downturn in their economy.