Mark Mobius

April 16, 2025 4:47 PM

India has potential to become world’s second-largest economy: Mark Mobius

India has the potential to become the world’s second-largest economy if it continues on its current path of resilience and policy continuity, according to billionaire investor Mark Mobius. In recent years, India has surged from being the 11th-largest economy to the fifth-largest. As of 2025, it remains behind only the US, China, Germany, and Japan in terms of total GDP. According to the latest IMF estimates, India’s real GDP is expected to reach $4.3 trillion in 2025—just behind Japan’...

December 12, 2024 4:06 PM

Mark Mobius praises India’s 6-7% growth, cites strong infrastructure as key driver

India’s ability to manage inflation without compromising growth will be pivotal in attracting sustained foreign investments, renowned investor Mark Mobius said on Thursday. He added that from a macroeconomic perspective, a 6-7 percent growth rate in India is a good rate given the global average. Addressing an investor webinar organized by PL Capital-Prabhudas Lilladher, the veteran investor said the Indian economy grew a strong 5.4 percent in Q2 FY25, despite having a size of $4 trillion. �...

November 13, 2024 5:05 PM

India set to become ‘major producer’ of electric vehicles like China: Mark Mobius

India, which began its electric vehicle (EV) journey with two-wheelers, is set to become a “major producer" of electric vehicles like China in years to come, ace global investor Mark Mobius has said. The EV sales have seen a record surge under the PM E-DRIVE scheme, reflecting the growing momentum of EV adoption. Through initiatives like the Electric Mobility Promotion Scheme (EMPS) and the PM E-DRIVE schemes, electric two-wheelers (e-2W) sales surged to 5,71,411 units in 2024-25. During the...