The ink barely dry on India’s EU trade pact, and it already reshaped US-India dynamics, says investment titan Mark Mobius. Wednesday’s revelation: Europe’s deal acted as a catalyst, urging America to hasten its negotiations.
While Modi-Trump personal chemistry greased wheels, Mobius insists teams of experts crafted the substance. He pooh-poohed ‘mega-deal’ monikers, instead lauding the EU agreement’s outsized impact.
India’s proactive EU engagement showcased resolve, pressuring the US to match pace. This multi-pronged diplomacy exemplifies New Delhi’s maturing global playbook.
Zooming out, Mobius forecasts India’s ascent to No. 3 economy spot, propelled by unmatched growth velocity. A booming youth bulge and urban migration birth consumer giants; rising exports buttress resilience.
Such foundations ensure robust expansion trajectories. Market watchers, temper expectations: 100,000 Sensex unlikely sans 20% rally, too steep now.
Mobius spotlights these enablers as India’s competitive edge. For investors, the message rings clear—bet on demographics and trade momentum for enduring returns amid volatility.