First Trust Plans to Launch India ETF

First Trust currently issues 11 single-country ETFs, including several emerging markets options.

Some market observers believe Indian stocks offer rebound potential. Over the short-term, India has benefited from cheap energy prices as the country is one of the largest importers of crude oil. Looking further out, economic reforms, including more business-friendly and growth-oriented policies, could help support growth over the medium-term.

Related: 3 India ETFs Rising Back to Health

Specifically, many argue that India’s favorable demographics will help support a growing economy. Over a third of India’s 1.3 billion people are between the ages of 15 and 34 with a median age of 27, compared to 37 in China, 38 in the U.S., 41 in developed Europe and 46 in Japan. India’s population is also expected to grow by 1.4%, compared to China’s 0.5% and 0.9% in the U.S.

For more information on India, visit our India category.