It has become harder to find attractively priced growth investments in the United States. The real GDP growth in the US has been running a little over 2% a year, much lower than India's growth rate.
India has been averaging 7% real GDP growth over the last ten years. More recently there has been a growth slowdown. Here are the numbers for the last four quarters:
Quarter Ending Actual GDP Growth Rate Consensus
2/2019 6.6% 6.9%
5/2019 5.8% 6.3%
8/2019 5.0% 5.7%
11/2019 4.5% 4.7%
Source: tradingeconomics.com
The downward trend does not look good. But