Asset Allocators' Soapbox: The opportunities in 'open for business' India

In May 2014 the Bharatiya Janata Party [BJP], led by Narendra Modi, was victorious in the Indian elections by winning the majority of the seats in the Indian congress. Around 930,000 polling stations accommodated over 814 million eligible voters with 168 million, or 20%, of these being first-time voters. The election was the largest ever in the world and cost around $5bn. Certainly, its outcome was a historical turning point for India, given that it was the first majority pro-reform government elected in India since post-independence. Clearly, since the BJP's electoral win, the Modi g...