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For Indian Stocks, the Answer Is Blowing in the Political Wind

Wall Street Journal Original article ›

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The boost to India's stock markets from a expected election win by Narendra Modi and the BJP party in May 2014 elections.

Narendra Modi as candidate to lead the BJP party in India's 2014 general elections

04/10/2009

Narendra Modi is the chief minister of Gujarat state in India, where he has implemented a strategy for developing infrastructure, roads, power plants, and attracting foreign investment in the automobile and other industries. With India's slowing growth and corruption in government he is now the choice of the BJP party to run against the ruling Congress party in the 2014 general election. His slogan is minimum government and maximum governance. He is popular in Gujarat state for running a clean administration and generating a decade of high economic growth in the state with a population of about 60 million.

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