As the country builds its infrastructure, investors can also tap into the sector through the related EGShares India Infrastructure ETF (NYSEArca: INXX). INXX is up 0.2% year-to-date and 12.0% higher over the past year.

Moreover, O’Neill pointed out that India shows a strong domestic market and a credible legal system that make the country slightly more balanced than China.

WisdomTree India Earnings Fund

For more information on India, visit our India category.

Max Chen contributed to this article.