Are India's stocks a good long term investment?

Question

well since there the number 2 fastest growing economies next to china being the first

Answer 1

CNBC's Erin Burnett has taken a trip to India, and if you google "india erin burnett", the first result http://www.cnbc.com/id/24618655

has quite a bit of information on India.  

Watch the videos, and decide for yourself.  CNBC did have an hour special on India with Erin Burnett, but I did not find it posted online anywhere.

Good luck

Answer 2

Well, this year the Chinese Market has lost aprox 50-60% of its value since its high in Nov 2007.

Where as the US market has dropped about 20% during the same time period.

They might be growing fast, but they are heavily dependent on the US economy and our ability to buy their exports.

As the US economy falls into recession, they will fall as well but much harder.

So goes the US so goes the world.

I predict the markets have more falling before they become good buys again.  

I am not saying they are not the future world markets, just that their emerging and heavily dependent on exports that are drying up.  I'd wait until the US economy starts to recover before i go head first into china or india.

Answer 3

The country has some issues such as inadequate infrastructure, somewhat inept government, etc. but since a huge part of what they do is service and have a large number of educated people willing to work for much less than in the US, Canada or Europe, the answer is yes.  Other emerging market countries are more dependant on exporting natural resources,  or goods. A slowing global economy hurts everyone but my guess is India will have less trouble than most and emerge from the slowdown as a long term grower.