India Is On The Cusp Of Unprecedented Economic Expansion, Says Bharat Shah

The Indian economy is on a roll. Stock markets are at an all-time high, while last year, for the first time, corporate India’s return on equity (RoE) overcame the US RoE number. Bharat Shah, executive director, ASK Asset and Wealth Management group, in an interview with Kundan Kishore, Deputy Editor, Outlook Money, sheds light on where India stands in terms of value creation opportunities. Edited excerpts: How do you perceive the current economic landscape, and do you believe we are on the verge of experiencing not just a singular golden decade, but rather many golden decades going forward? I believe that our country is on the cusp of the greatest economic expansion it has ever witnessed. This expansion is not only unprecedented in comparison to our own historical achievements, but also surpasses any comparable examples worldwide. Consequently, the rate of economic growth will be...