Why India is Morgan Stanley's top pick among emerging markets

India is Morgan Stanley's top pick in the MSCI Emerging Market Index as the country is expected to 'structurally outperform', driven by nominal GDP growth, a focus on capex, and a global de-risking trend.MS expects India to be the key driver of global growth in 2020 decade, with its share of global growth estimated to increase by 18% in 2024