India’s growth runway and what it means for global resources

Is India the next China? Ausbil’s Global Resources Team looks at India’s significant growth runway and whether it is set to mirror China’s 30-year expansion, and what this means for global resources.

Click here or on the button below to read the research and insights from the Ausbil team which covers the following key points:

- India is one of the world’s largest countries by population, on par with China at 1.4bn people, but with a younger population, and one that is far less urbanised.
- India is offering a similar growth path to China, but is some twenty years behind.
- In terms of commodity demand, India is relatively self-sufficient on iron ore, but it does not have metallurgical (met) coal reserves, so is one of the world’s biggest importers of coal for steelmaking.
- India’s economy is expected to trace the growth shown by China over the last 20-years, and this will manifest in infrastructure and building development, and other expansion that is rich in commodity demand.
- The investment opportunities

If you have any questions in relation to this article, please do not hesitate to contact the team.

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