Mobius Says India Stocks in 'Takeoff Stage'

The video discusses India's current economic growth, comparing it to China's position a decade ago. It highlights India's potential for significant development, while acknowledging the challenges and corrections that may occur. Overall, the outlook is optimistic, with expectations of strong performance in the future.

What does the speaker mean by 'going to be a long run' in the context of India's economy?

In what ways is the speaker optimistic about India's future economic performance?