India ETFs: How Consumers Are Driving Growth
Tuesday, February 9th, 2010
Tom Lydon (ETF Trends) submits:
It’s often been said that in the United States, consumer spending accounts for two-thirds of economic growth. But we’re not alone – consumer spending is driving India’s exchange traded funds along the path to prosperity.
At one-quarter of the total population, India boasts an impressively strong middle class. Even China can’t touch that.
