India's Economic Rise Mirrors China's Growth 35 Years Ago: Jeffrey Gundlach
Invest in India, says DoubleLine Capital founder Jeffrey Gundlach, as he shared his thoughts with Bloomberg on how to approach investing during a time of global restructuring.
According to Gundlach, the key to navigating periods of economic transition is to focus on long-term themes. One of the most "bankable" themes, he argued, is India, calling it a play with "great success in 30 years."
"India has a similar profile today to where China was 35 years ago," Gundlach said, pointing to a combination of a vast and growing population, a strong labor force outlook, and a landscape rife with structural challenges, from legal inefficiencies to systemic corruption. "But those are things that can be fixed," he noted.
The India-China Parallel
Gundlach drew a parallel to China's remarkable economic rise, which saw the country go from 1/12th of US gross domestic product to nearly 70%–80% of it in a few decades. India, he believes, holds the same demographic promise, with an added edge from global supply chain realignments increasingly favoring the country.
Gundlach emphasised India's edge in a world reshaping its supply chains. "Manufacturing can come there. They're very technology-oriented... they have a long history of being a significant society," he added.
Gundlach's advice for those willing to look far ahead: "Just buy India, do yourself a favour and don't open the statement. Hold it for your grandchildren's funds."
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
