India's successful lunar mission (landing its Chandrayaan-3 spacecraft on the moon) is another one of many straws in the wind showing its ascendence. As previously shown in my health index for countries, which is used to derive my projections for countries' next 10-year growth…
— Ray Dalio (@RayDalio) August 24, 2023
Brief by Shorts91 Newsdesk / 11:49am on 28 Aug 2023,Monday Business
Billionaire investor Ray Dalio, founder of Bridgewater Associates, recognizes India as a significant upcoming investment opportunity, further fortified by its recent lunar triumph. He associates India's successful landing on the moon's south pole with India's growth potential, boasting a projected 7% growth rate and a positive "health index for countries." Dalio likens Indian Prime Minister Narendra Modi's role to that of Deng Xiaoping during China's transformative phase, asserting Modi's capacity to sway global dynamics amid escalating U.S.-China tensions. Others like Elon Musk and Goldman Sachs, share Dalio’s optimism for India’s economic ascent.