India Still Leading in Emerging Markets, Says Billionaire Investor Mark Mobius
Renowned investor Mark Mobius believes that India remains the top choice among emerging markets and that China cannot outpace India’s growth in the long run. Despite some challenges, Mobius is optimistic about India’s economic prospects.
Mobius pointed out that even with US tariffs on Indian exports and short-term market ups and downs, India’s strong domestic demand, ongoing government reforms, and the resilience of Indian entrepreneurs will keep it ahead of other emerging markets. He has invested nearly 20% of his investment portfolio in India, showing his confidence in the country’s future.
In an interview with the Economic Times, Mobius shared his insights on how various sectors might be affected. He mentioned that industries like pharmaceuticals, gems, and clothing could feel the impact of US President Donald Trump’s 50% tariffs on exports. However, he believes Indian businesses will adapt by shifting manufacturing to other regions, such as Africa.
“Indian entrepreneurs are very creative,” Mobius said. “They will find ways around these problems and keep growing.”
Regarding the US tariffs, he explained that they might slightly slow India’s economic growth—by about 0.5% to 0.75%. However, he emphasized that India’s huge and growing domestic market means even a small slowdown won’t be a big worry. “Even if growth slows from 6% to around 5.5%, it’s not a major issue,” he added.
Mobius also commented on the recent tensions over Russian oil imports. He suggested that the US should not target India alone, as China is buying similar amounts of Russian oil. He believes diplomatic talks can solve these issues, especially since global oil prices have recently dropped.
The billionaire investor highlighted that a weaker Indian rupee is actually good for exporters, helping Indian products stay competitive internationally. He also mentioned that Indian government support measures are helping cushion the impact of global economic uncertainties. “The Indian economy is strong and healthy. Eventually, India and the US will find common ground because this situation won’t last forever,” Mobius said.
Mobius has previously spoken about India’s potential to become the world’s second-largest economy. With a population of about 1.4 billion—much larger than China’s, which now has fewer than 800 million people—India’s demographic advantage is clear. He noted that China’s population is shrinking and aging, giving India a strong edge for future economic growth.
In recent years, India has rapidly risen from the 11th-largest economy globally to the fourth-largest by 2025. Today, only the US, China, and Germany have larger economies, cementing India’s position as one of the world’s key markets.
Stay tuned for more updates on India’s economic growth and global investment trends.
