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The Invesco India ETF holds 136 Indian companies that rank high on its yield and quality scores.
India’s economy contracted sharply in the April-June quarter but has now started to recover, with 0.4% GDP expansion reported for October-December quarter.
With the increase in government spending and the ongoing vaccination campaign, India’s economic growth will likely accelerate from FY-2022 which begins from next month.
The Invesco India ETF’s holdings will profit from India’s recovery.