Hailing ‘China Plus One’ Strategy, Foreign Brokerages Show Confidence in India’s Economic Resilience
1 year, 2 months ago

Hailing ‘China Plus One’ Strategy, Foreign Brokerages Show Confidence in India’s Economic Resilience

News 18  

The ‘China plus one’ strategy is being recognised as one of India’s major economic strengths, with brokerage Nomura becoming the latest in a number of global analysts acknowledging the country’s growing economic heft. ‘China plus one’ refers to the decision of several economies, including the USA, to look for markets outside of China for sourcing critical raw materials and for establishing manufacturing facilities. So, it is no surprise that analysts at Nomura have raised India’s rating to ‘Overweight’ from ‘Neutral’ in their latest analysis and one of the factors cited for this upgrade is the country’s ‘China plus on’ strategy. Of course, the battle with inflation has prevented the Reserve Bank of India from lowering rates and any negative effects of a poor monsoon and elevated food prices may impact India’s GDP growth next year.

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History of this topic

China+1 plan: India’s limited gain
2 weeks, 6 days ago

China+1 plan: India’s limited gain

New Indian Express  

NEW DELHI: Government think tank Niti Aayog has admitted that ‘India has seen limited success so far in capturing the China Plus One strategy. It attributes factors like cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing free trade agreements have played a key role in helping these countries expand their share of exports. The US has raised …

India has seen limited success so far in capturing China Plus One strategy: NITI Aayog Report
2 weeks, 6 days ago

India has seen limited success so far in capturing China Plus One strategy: NITI Aayog Report

Live Mint  

New Delhi, December 4 : India has had limited success in capitalizing on the opportunities presented by the China Plus One strategy, according to a report by NITI Aayog. While the global trade landscape in 2024 has been significantly influenced by geopolitical developments, the NITI Aayog report noted that India has faced challenges in emerging as a preferred alternative to …

How India's economy under PM Modi offers 'real alternative' to China?
9 months, 3 weeks ago

How India's economy under PM Modi offers 'real alternative' to China?

India TV News  

New Delhi: While China is reeling under an economic slump bogged down by a property crisis, high youth unemployment and massive local government debt, India's stock market is hitting record highs as the value of companies surpassed $4 trillion in 2023, with strong FDI inflow and investments expected in the future, leading many experts to believe that New Delhi offers …

JP Morgan upgrades India to ‘overweight’; advises buying on dips
1 year, 1 month ago

JP Morgan upgrades India to ‘overweight’; advises buying on dips

Live Mint  

After a 7 percent drop in the Indian market from its peak hit in mid-September, global brokerage house JP Morgan has upgraded India to ‘overweight’ from ‘neutral’. Before JP Morgan, other global brokerages, Morgan Stanley and Nomura, also upgraded their India ratings to ‘overweight’ whereas CLSA increased its India portfolio allocation by 20 percent. Apart from this, Morgan Stanley said …

Nomura upgrades India to ’overweight’ from ‘neutral’; here’s why
1 year, 2 months ago

Nomura upgrades India to ’overweight’ from ‘neutral’; here’s why

Live Mint  

International brokerage house Nomura has upgraded India from 'Neutral' to 'Overweight' in light of a strong top-down narrative and its potential to benefit from the 'China+1' theme. The brokerage claims that the stock market benefits from a K-shaped economy, high earnings growth, earnings revisions, and domestic flows that are still holding up well despite higher rates. The brokerage added in …

Time to invest in India: Global brokerage Nomura upgrades India to overweight zone
1 year, 2 months ago

Time to invest in India: Global brokerage Nomura upgrades India to overweight zone

Firstpost  

Nomura has suggested a mix of stocks with reasonable relative valuations and domestic growth areas including ICICI Bank, Axis Bank, L&T, Reliance, ITC and MedPlus Health India’s ratings have been upgraded again to ‘overweight’ from ’neutral’, this time by financial major Nomura Group of Japan. Nomura on upgrading India’s rating “The structural story of India is now well known as …

Morgan Stanley upgrades India to 'overweight', downgrades China to 'equal weight'
1 year, 4 months ago

Morgan Stanley upgrades India to 'overweight', downgrades China to 'equal weight'

Firstpost  

Morgan Stanley views that India is poised for substantial and sustained economic growth at a time when the rest of the world is slowing down India’s status has been upgraded to ‘overweight’ by brokerage firm Morgan Stanley has also downgraded on China to ’equal weight’. We see a secular trend towards sustained superior USD EPS growth versus Emerging Markets over …

’India is arguably at the start of a long wave boom,’ says Morgan Stanley
1 year, 4 months ago

’India is arguably at the start of a long wave boom,’ says Morgan Stanley

Live Mint  

Global brokerage Morgan Stanley has upgraded India to overweight rating. The brokerage in its report said that India has advanced from sixth to first place in its process, with relative valuations less severe than in October, and as foreign direct investment and portfolio flows are being supported by multipolar world trends, India is adding a reform and macro-stability agenda that …

Morgan Stanley upgrades India shares to 'overweight', downgrades China to 'equal weight'
1 year, 4 months ago

Morgan Stanley upgrades India shares to 'overweight', downgrades China to 'equal weight'

Hindustan Times  

Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a rally spurred by government stimulus pledges to take profits. "India rises from 6 to 1 in our process, with relative valuations less extreme than in October, and India's ability to leverage multipolar world dynamics is a significant advantage," Morgan Stanley analysts said. …

Morgan Stanley upgrades India to Overweight, downgrades China to Equal-weight
1 year, 4 months ago

Morgan Stanley upgrades India to Overweight, downgrades China to Equal-weight

Live Mint  

Morgan Stanley has upgraded India to ‘Overweight’ rating, while it has downgraded China to ‘Equal-weight’ rating. Analysts at the brokerage house raised India’s rating saying relative valuations are “less extreme” than in October and the nation’s reform and macro-stability agenda supports a strong capex and profit outlook. We see a secular trend toward sustained superior USD EPS growth versus EM …

What is China Plus One Strategy? MintGenie Explains
2 years, 1 month ago

What is China Plus One Strategy? MintGenie Explains

Live Mint  

Trade relations between the U.S. and China haven’t been at their best in the past few years. Add to it supply-chain disruptions brought on by the pandemic, exacerbated now by the war in Ukraine- disruptions that have made global majors look beyond China for manufacturing bases or partners, in an approach now named the ‘China PLUS One Strategy’ said Srivats …

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