Back to basics: India and alternative data
Considered to be one of the largest economies in the world by GDP, India is expected to grow at a rate of 11.7% in FY 2022 despite COVID slowdowns. In this report, we discuss the relevant alternative datasets for readers with an Indian investment universe, especially datasets that monitor the two key components of the country’s economy – services and goods.
In this report, we will identify some must-have alternative datasets for readers interested in India. Before doing so, it is important we firstly address the main driving forces of the Indian economy.
There are three fundamental sectors that contribute to India’s gross value add (GVA):