IXSE - Indian Election Result: BJP Win Paves The Way For Infrastructure Boost
By Sukumar Rajah, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity
The Bharatiya Janata Party's (BJP's) win in the Indian elections could pave the way for a boost in infrastructure spending, according to Franklin Templeton Emerging Markets Equity's Sukumar Rajah. He explains the implications for investors.
After months on the campaign trail, Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) has emerged victorious from the country's general election to secure his second term as prime minister. Once again, the BJP secured an outright majority in India's parliament.
We expect a positive