“How we Track India’s Macro Story” captures the essence of the many economic analyses done by our research team through the year to provide a nuanced understanding of India’s evolving macroeconomic landscape.

In a world inundated with data, understanding critical turning points in the Indian and global economy is crucial for long-term investors like NIIF.

• Our journey to distill meaningful insights from a sea of statistics led to the development of the Growth, Rates, Inflation, Exchange rate (GRIX, pronounced Greeks) framework.
• The GRIX (pronounced “Greeks”) framework has been the cornerstone of our macroeconomic analysis, sharpening our focus on key macro variables essential for informed investment decisions.
• Triggered by shocks or shifts in underlying dynamics, our Research team delves into historical patterns to discern whether we were witnessing structural changes or mean reversions.
• Digital India played a pivotal role in providing an exhaust of data, enabling us to create innovative analyses like Toll HeatMaps.

Collaborating with Adqvest, we have combined sectoral expertise with data science, resulting in a number of interesting visualisations and insights.