Overview
- Mark Mobius calls India the top emerging market and says it will keep outpacing China’s growth.
- He estimates the new U.S. duties would at most trim 0.5–0.75 percentage point from GDP through weaker exports.
- He expects foreign investors to resume buying within three to four months after a cautious pullback.
- He discloses roughly a 20% portfolio allocation to India and flags concentrated pressure in pharmaceuticals, gems and apparel.
- He argues companies can shift some manufacturing to markets such as Africa, with policy support and a weaker rupee helping cushion exporters.