“A good monsoon, higher exports and the government clearing some big infrastructure projects will push growth up,” Gaurav Mehta, a strategist at Ambit Capital Pvt., said in the article. “There’s still a big portion of the economy that is healthy.”

For broad India exposure, investors can take a look at the WisdomTree India Earnings ETF (NYSE: EPI), which weights India companies by earnings in their fiscal year prior to the index measurement date; the iShares MSCI India ETF (NYSEArca: INDA), which tracks Indian large- and mid-cap stocks; the PowerShares India Portfolio (NYSEArca: PIN), which tracks 50 of the largest Indian companies.

The better outlook for domestic demand would also bolster smaller companies. Investors can gain exposure to India’s small-cap stocks through the Market Vectors India Small-Cap Index ETF (NYSEArca: SCIF), EGShares India Small Cap ETF (NYSEArca: SCIN) or iShares MSCI India Small-Cap ETF (NYSEArca: SMIN).

Additionally, for more targeted exposure, the EGShares India Consumer ETF (NYSEArca: INCO) could benefit from the increase consumer spending and the EGShares India Infrastructure ETF (NYSEArca: INXX) could benefit from increased infrastructure spending.

For more information on India, visit our India category.

Max Chen contributed to this article.

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