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home / news releases / SCIF - INDA: High Valuations As Economy Turns Over


SCIF - INDA: High Valuations As Economy Turns Over

The Indian economy has been one of the fastest-growing economies in the developing world with annualized GDP growth ranging from 6-11% since 2010. Most of this growth has come from the technology and construction sectors as it has slowly transitioned away from agricultural products. While the country still has high long-run growth potential, I expect economic headwinds in India to continue to make for poor investment returns.

The nation's high real estate prices look as if they are beginning to pop while manufacturing and confidence is declining rapidly. Prime Minister Modi has buoyed the markets

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Stock Information

Company Name: VanEck Vectors India Small-Cap Index ETF
Stock Symbol: SCIF
Market: NYSE

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