India could become the new China

John Woods, managing director at Citi Investment Management, looks after Asian fixed-income portfolios for Citi’s private banking clients. Based in Hong Kong, he invests in US dollar-denominated investment grade securities issued from Asia ex-Japan. 

India more than Modi

India could be the new China, or at least will become so over the next 10 years. The election of the new prime minister has electrified the market this year. There is optimism about the economy that I haven’t seen for many years. There is now momentum and I think India will become a powerful force in Asian fixed-income over the coming decade or longer. It really has...