How the right policy mix & economic transformation can create market winners in India

Thronged by hundreds of people, including some Bollywood celebrities, Tim Cook’s excitement was palpable as the chief executive officer of Apple Inc. officially opened its first company-owned store in India in April.

India is at a “tipping point,” he went on to say on a call with analysts after his visit. It was that same month when India also earned a new title as the world’s most populous nation, burnishing the appeal of sectors that cater to a burgeoning middle class and young consumers.