Invest in India’s resurgence

A reformed India is starting to look much more appealing to investors. Professional stock picker David Park tips three companies to profit.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: David Park, co-manager, Carmignac Emerging Discovery Fund.

At long last, the world's biggest democracyhas returned to investors' radars screens.For the first time in 30 years, India has a new government with a strong mandate for change. Meanwhile, economic growth has bottomed out, which means it should see improvements regardless of government intervention inflation is falling and the current-account deficit narrowing. Last but not least, India will benefit from low resources prices.

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David Park is co-manager of the Carmignac Emerging Discovery Fund.