{"id":10255,"date":"2022-05-25T10:39:55","date_gmt":"2022-05-25T14:39:55","guid":{"rendered":"https:\/\/www.lba.ca\/?post_type=perspective&p=10255"},"modified":"2023-02-20T08:49:53","modified_gmt":"2023-02-20T13:49:53","slug":"linde-un-pays-tres-prometteur","status":"publish","type":"perspective","link":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/","title":{"rendered":"L\u2019Inde : un pays tr\u00e8s prometteur"},"content":{"rendered":"

[et_pb_section fb_built=\u00a0\u00bb1″ fullwidth=\u00a0\u00bbon\u00a0\u00bb _builder_version=\u00a0\u00bb4.16″ global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_fullwidth_header background_overlay_color=\u00a0\u00bbrgba(0,0,0,0.3)\u00a0\u00bb _builder_version=\u00a0\u00bb4.16″ title_font_size=\u00a0\u00bb50px\u00a0\u00bb subhead_font_size=\u00a0\u00bb15px\u00a0\u00bb background_color=\u00a0\u00bb#0C71C3″ background_image=\u00a0\u00bbhttps:\/\/www.lba.ca\/wp-content\/uploads\/2020\/10\/shutterstock_621278474.jpg\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ link_option_url_new_window=\u00a0\u00bbon\u00a0\u00bb title_font_size_tablet=\u00a0\u00bb35px\u00a0\u00bb title_font_size_phone=\u00a0\u00bb30px\u00a0\u00bb title_font_size_last_edited=\u00a0\u00bbon|phone\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ title_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb title_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb title_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb content_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb subhead_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb subhead_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb subhead_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb content_link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb content_ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb content_ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb content_quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb content_quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb button_one_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb button_one_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb button_one_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb button_two_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb button_two_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb button_two_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_horizontal_image_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_image_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_image_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_image_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_horizontal_button_one_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_button_one_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_button_one_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_button_one_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_horizontal_button_two_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_button_two_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_button_two_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_button_two_tablet=\u00a0\u00bb0px\u00a0\u00bb text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

 <\/p>\n

L\u2019Inde :<\/h1>\n

un pays tr\u00e8s prometteur<\/h2>\n

 <\/p>\n

[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=\u00a0\u00bb1″ _builder_version=\u00a0\u00bb4.16″ global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_row _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_margin=\u00a0\u00bb||0px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.16″ header_5_font_size=\u00a0\u00bb24px\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ text_orientation=\u00a0\u00bbjustified\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ text_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_2_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_3_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_4_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_5_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_6_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

L\u2019Inde est l\u2019un des march\u00e9s \u00e9mergents qui offrent les perspectives les plus prometteuses, tant d\u2019un point de vue macro\u00e9conomique que dans la perspective d\u2019une approche de placement ascendante.<\/p>\n

La croissance devrait rebondir vigoureusement gr\u00e2ce au succ\u00e8s des efforts de vaccination du pays. Plus de la moiti\u00e9 de la population adulte \u00e9tant doublement vaccin\u00e9e, la r\u00e9ouverture de l\u2019\u00e9conomie se poursuit. Les indicateurs \u00e9conomiques du d\u00e9but de 2022 dressent un tableau prometteur de l\u2019\u00e9volution du pays. En avril, l\u2019indice des directeurs d\u2019achats (PMI) du secteur des services S&P Global India a sign\u00e9 son neuvi\u00e8me mois d\u2019expansion cons\u00e9cutif. Par ailleurs, l\u2019indice PMI manufacturier S&P Global India a t\u00e9moign\u00e9 d\u2019une dixi\u00e8me hausse mensuelle de l\u2019activit\u00e9.<\/p>\n

La Banque de r\u00e9serve de l\u2019Inde reste d\u00e9termin\u00e9e \u00e0 soutenir la reprise \u00e9conomique. Ses principaux taux, comme le taux de mise en pension (qui sert de r\u00e9f\u00e9rence) et le taux de prise en pension, demeurent pr\u00e8s des planchers records. La dynamique de l\u2019inflation domestique permet \u00e0 la banque centrale de maintenir des conditions mon\u00e9taires accommodantes, alors que d\u2019autres march\u00e9s \u00e9mergents ont \u00e9t\u00e9 forc\u00e9s de relever leurs taux d\u2019int\u00e9r\u00eat de mani\u00e8re significative. \u00c0 607\u00a0milliards de dollars, les r\u00e9serves de change d\u00e9passent de 32\u00a0% leurs niveaux d\u2019avant la pand\u00e9mie. \u00c0 l\u2019aube d\u2019un resserrement mon\u00e9taire sur les march\u00e9s d\u00e9velopp\u00e9s, ces r\u00e9serves abondantes augurent bien pour la performance de la roupie par rapport aux autres monnaies.<\/p>\n

\u00c0 plus long terme, l\u2019Inde doit ses perspectives \u00e9conomiques favorables en grande partie \u00e0 l\u2019ambitieux programme d\u2019investissements publics baptis\u00e9 \u00ab\u00a0National Infrastructure Pipeline\u00a0\u00bb (NIP). Ce programme de 1\u00a0500\u00a0milliards de dollars US, qui vise \u00e0 doubler le montant des d\u00e9penses d\u2019infrastructure au cours des cinq prochaines ann\u00e9es, privil\u00e9gie les investissements en immobilisations \u00e0 long terme qui contribuent \u00e0 la productivit\u00e9. Plus de 70\u00a0% des fonds du NIP sont destin\u00e9s \u00e0 la modernisation du secteur \u00e9nerg\u00e9tique de l\u2019Inde ainsi que de ses routes, chemins de fer, ports et infrastructures urbaines. Le programme devrait stimuler l\u2019activit\u00e9 de construction, d\u2019ing\u00e9nierie et de logistique \u00e0 court terme tout en am\u00e9liorant le potentiel de croissance \u00e0 long terme du pays.<\/p>\n

Le profil d\u00e9mographique de l\u2019Inde contribue \u00e9galement \u00e0 ces perspectives favorables. L\u2019\u00e2ge m\u00e9dian y est de moins de 30\u00a0ans, et plus de 700\u00a0millions d\u2019Indiens appartiennent \u00e0 la g\u00e9n\u00e9ration Y ou Z; le pays n\u2019a donc pas encore atteint son pic d\u00e9mographique. La main-d\u2019\u0153uvre indienne, qui augmente au rythme d\u2019un million de personnes par mois, devrait d\u00e9passer celle de la Chine d\u2019ici 2027. Par ailleurs, la proportion de la population indienne en \u00e2ge de travailler augmente, ce qui fait baisser le rapport entre le nombre des personnes \u00e0 charge et celui des personnes d\u2019\u00e2ge actif, ce qui pourrait susciter une am\u00e9lioration de la croissance potentielle et du revenu par habitant au cours des prochaines ann\u00e9es.<\/p>\n

L\u2019Inde est bien positionn\u00e9e pour faire partie des grandes \u00e9conomies \u00e0 la croissance la plus rapide en 2022 et au-del\u00e0. \u00c0 nos yeux, l\u2019Inde rec\u00e8le un grand nombre d\u2019occasions de placement diversifi\u00e9es qui devraient g\u00e9n\u00e9rer une valeur significative \u00e0 moyen terme. En voici quelques exemples.<\/p>\n

[\/et_pb_text][et_pb_text _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

Power Grid Corp. of India<\/h3>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=\u00a0\u00bb2_5,3_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_margin=\u00a0\u00bb||0px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb2_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text admin_label=\u00a0\u00bbimage 1″ _builder_version=\u00a0\u00bb4.16″ header_5_font_size=\u00a0\u00bb24px\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ text_orientation=\u00a0\u00bbjustified\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ text_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_2_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_3_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_4_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_5_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_6_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

\"\"<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=\u00a0\u00bb3_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.16″ header_5_font_size=\u00a0\u00bb24px\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ text_orientation=\u00a0\u00bbjustified\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ text_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_2_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_3_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_4_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_5_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_6_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

Power Grid est la plus grande soci\u00e9t\u00e9 de transport d\u2019\u00e9nergie \u00e9lectrique en Inde. Elle exploite environ 90\u00a0% des r\u00e9seaux inter\u00e9tatiques et interr\u00e9gionaux et transporte plus de 40\u00a0% de l\u2019\u00e9lectricit\u00e9 produite au pays.<\/p>\n

La consommation d\u2019\u00e9lectricit\u00e9 par habitant de l\u2019Inde est une des plus faibles au monde, \u00e0 28% de celle de la Chine et 6% de celle des \u00c9tats-Unis. Le r\u00e9seau de transport de Power Grid Corp. grandit d\u2019environ 10\u00a0% par an, \u00e9tendant le territoire desservi et augmentant la capacit\u00e9 des lignes existantes.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_margin=\u00a0\u00bb||0px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text admin_label=\u00a0\u00bbText\u00a0\u00bb _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

La soci\u00e9t\u00e9 a entrepris plusieurs projets d\u2019infrastructures importants, y compris la mise \u00e0 niveau du r\u00e9seau national et le projet de r\u00e9seau intelligent visant \u00e0 assurer une meilleure connectivit\u00e9 entre les r\u00e9gions et \u00e0 faciliter un transport efficace et intelligent qui permettra une meilleure int\u00e9gration des sources d\u2019\u00e9nergie renouvelables \u00e0 l\u2019avenir. Le gouvernement de l\u2019Inde a annonc\u00e9 un plan ambitieux visant \u00e0 faire passer sa capacit\u00e9 \u00e9lectrique renouvelable actuelle de 87\u00a0gigawatts (GW), \u00e0 450\u00a0GW en 2030. La vision \u00ab\u00a0Desert Power India \u2013 2050\u00a0\u00bb projette la cr\u00e9ation d\u2019un potentiel d\u2019\u00e9nergie renouvelable d\u2019environ 300\u00a0GW, principalement par la production d\u2019\u00e9nergie solaire et \u00e9olienne dans les d\u00e9serts du pays.<\/p>\n

Par sa grande comp\u00e9tence et ses ant\u00e9c\u00e9dents d\u2019excellence op\u00e9rationnelle, Power Grid est bien plac\u00e9e pour profiter de cette strat\u00e9gie d\u2019\u00e9nergie renouvelable ambitieuse et de l\u2019augmentation de la demande d\u2019\u00e9lectricit\u00e9 en Inde. Nous pr\u00e9voyons un taux de croissance de 5\u00a0% des revenus et un taux de croissance annuel compos\u00e9 (TCAC) de 9\u00a0% du b\u00e9n\u00e9fice par action (BPA) de Power Grid au cours des cinq prochaines ann\u00e9es. La soci\u00e9t\u00e9 affiche actuellement un ratio cours\/b\u00e9n\u00e9fice (C\/B) de 10 et un ratio valeur d\u2019entreprise\/b\u00e9n\u00e9fice avant int\u00e9r\u00eats, imp\u00f4ts et amortissements (VE\/BAIIA) de 7 (selon les estimations de 2023), et offre un taux de dividende de 6,4\u00a0%.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=\u00a0\u00bb3_5,2_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_margin=\u00a0\u00bb||0px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb3_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.16″ header_5_font_size=\u00a0\u00bb24px\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ text_orientation=\u00a0\u00bbjustified\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ text_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_2_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_3_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_4_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_5_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_6_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

Reliance Industries<\/h3>\n

Reliance Industries est l\u2019une des plus grandes soci\u00e9t\u00e9s indiennes. Elle poss\u00e8de l\u2019un des complexes de raffinage du p\u00e9trole les plus grands et les plus \u00e9volu\u00e9s au monde, en plus d\u2019\u00eatre le principal producteur p\u00e9trochimique du pays. Reliance Retail est le plus important d\u00e9taillant indien, avec des revenus annualis\u00e9s de presque 25\u00a0milliards de dollars. De son c\u00f4t\u00e9, la filiale de t\u00e9l\u00e9phonie mobile de la soci\u00e9t\u00e9, Jio, dessert 421\u00a0millions d\u2019abonn\u00e9s; elle a fait passer sa part du march\u00e9 de 0\u00a0% en 2016 \u00e0 39\u00a0% en 2020 (au premier rang en Inde) en b\u00e2tissant un r\u00e9seau de donn\u00e9es 4G de tr\u00e8s bonne qualit\u00e9 et en le mettant \u00e0 la disposition du public au prix tr\u00e8s concurrentiel d\u2019environ 2\u00a0$ par mois par utilisateur.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=\u00a0\u00bb2_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text admin_label=\u00a0\u00bbimage 2″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

\"\"<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_margin=\u00a0\u00bb||0px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.16″ header_5_font_size=\u00a0\u00bb24px\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ text_orientation=\u00a0\u00bbjustified\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ text_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_2_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_3_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_4_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_5_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_6_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

Reliance s\u2019est r\u00e9cemment lanc\u00e9e dans le march\u00e9 en plein essor du commerce \u00e9lectronique, en s\u2019associant avec des entreprises internationales comme Meta Platforms et Google pour b\u00e2tir le r\u00e9seau de paiement num\u00e9rique de l\u2019Inde. En 2020, le taux de p\u00e9n\u00e9tration du commerce \u00e9lectronique n\u2019atteignait qu\u2019environ 5\u00a0% en Inde, comparativement \u00e0 15\u00a0% aux \u00c9tats-Unis et 45\u00a0% en Chine[1]<\/a>. Le march\u00e9 indien du commerce \u00e9lectronique devrait cro\u00eetre avec un TCAC de 27\u00a0% durant les cinq prochaines ann\u00e9es, avec un taux de p\u00e9n\u00e9tration grimpant \u00e0 11\u00a0% en 2025. R\u00e9cemment, Reliance a lanc\u00e9 JioMart, plateforme de commerce \u00e9lectronique d\u2019alimentation et d\u2019\u00e9picerie qui permet aux consommateurs indiens de faire l\u2019\u00e9picerie en ligne. Reliance offrira aussi des services de soutien logistique et de satisfaction de la client\u00e8le aux magasins utilisant cette plateforme.<\/p>\n

Reliance a \u00e9galement sign\u00e9 des contrats de 80\u00a0milliards de dollars avec l\u2019\u00c9tat du Gujarat, un des plus d\u00e9velopp\u00e9s d\u2019Inde, pour investir dans la construction de centrales \u00e0 \u00e9nergies renouvelables d\u2019une capacit\u00e9 de 100\u00a0GW et d\u2019un syst\u00e8me de production d\u2019hydrog\u00e8ne vert. Ces investissements visent \u00e0 r\u00e9duire \u00e0 z\u00e9ro les \u00e9missions nettes du Gujarat et \u00e0 en faire une \u00e9conomie sans carbone sur une p\u00e9riode de 10 \u00e0 15\u00a0ans.<\/p>\n

Selon le consensus, les revenus devraient cro\u00eetre \u00e0 un TCAC de 20% et le BPA \u00e0 un TCAC de 25% au cours des quatre prochaines ann\u00e9es. Le titre affiche des ratios C\/B et VE\/BAIIA raisonnables de 19,8 et 12,6 respectivement.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=\u00a0\u00bb3_5,2_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_margin=\u00a0\u00bb||0px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb3_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb custom_padding=\u00a0\u00bb1px|||||\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

Gujarat State Petronet Limited (GSPL)<\/h3>\n

La soci\u00e9t\u00e9 est le deuxi\u00e8me exploitant de pipelines de transport du gaz naturel en importance en Inde. Son r\u00e9seau de 2\u00a0700\u00a0km couvre la plus grande partie de l\u2019\u00c9tat du Gujarat, o\u00f9 se concentre 40\u00a0% de la consommation indienne de gaz naturel. De plus, GSPL d\u00e9tient une participation de 54\u00a0% dans Gujarat Gas, principale soci\u00e9t\u00e9 de distribution du gaz naturel du Gujerat, dont le r\u00e9seau de 170\u00a0000\u00a0km dessert 1,5\u00a0million de clients r\u00e9sidentiels, 13\u00a0000\u00a0clients commerciaux et 4\u00a0000\u00a0clients industriels. GSPL d\u00e9tient \u00e9galement 50\u00a0% d\u2019une coentreprise qui poss\u00e8de deux pipelines \u00e0 l\u2019ext\u00e9rieur du Gujarat. Le gaz naturel est tr\u00e8s peu utilis\u00e9 en Inde, o\u00f9 il ne produit que 6\u00a0% de l\u2019\u00e9nergie contre une moyenne mondiale de 24\u00a0%.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=\u00a0\u00bb2_5″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text admin_label=\u00a0\u00bbimage 3″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

\"\"<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb width=\u00a0\u00bb95%\u00a0\u00bb custom_padding=\u00a0\u00bb||0px||false|false\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4″ _builder_version=\u00a0\u00bb4.16″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.16″ header_5_font_size=\u00a0\u00bb24px\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ text_orientation=\u00a0\u00bbjustified\u00a0\u00bb z_index_tablet=\u00a0\u00bb500″ text_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_2_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_2_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_3_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_3_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_4_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_4_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_5_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_5_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb header_6_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb header_6_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

GMR Infrastructure Limited<\/h3>\n

GMR le premier exploitant a\u00e9roportuaire priv\u00e9 de l\u2019Inde et le deuxi\u00e8me du monde. La soci\u00e9t\u00e9 g\u00e8re neuf actifs a\u00e9roportuaires \u00e0 diff\u00e9rents stades d\u2019avancement. Au cours de l\u2019exercice 2020, ses a\u00e9roports ont accueilli 103\u00a0millions de passagers. Ensemble, les a\u00e9roports de Delhi, Hyderabad et Cebu avaient une capacit\u00e9 de 94\u00a0millions de passagers et une capacit\u00e9 suppl\u00e9mentaire en cours de d\u00e9veloppement de 87\u00a0millions. Les a\u00e9roports de GMR traitent 26\u00a0% du trafic de passagers en Inde. Les actifs r\u00e9glement\u00e9s sont exploit\u00e9s dans le cadre de contrats \u00e0 co\u00fbt major\u00e9, qui pr\u00e9sentent peu de risques. Le cadre actuel de gestion du trafic prot\u00e8ge ad\u00e9quatement les revenus r\u00e9glement\u00e9s contre les perturbations comme la COVID-19. Les pistes, b\u00e2timents, infrastructures de traitement des bagages et de s\u00e9curit\u00e9, syst\u00e8mes de transit, etc. sont consid\u00e9r\u00e9s comme des actifs r\u00e9glement\u00e9s. Les services a\u00e9roportuaires non r\u00e9glement\u00e9s comme la vente de marchandises hors taxes, la restauration, la publicit\u00e9, etc. devraient procurer \u00e0 la soci\u00e9t\u00e9 des revenus accessoires \u00e0 long terme gr\u00e2ce \u00e0 l\u2019augmentation des capacit\u00e9s d\u2019accueil de passagers et de la hausse des d\u00e9penses des consommateurs indiens. De plus, la soci\u00e9t\u00e9 poss\u00e8de plus de 2 500\u00a0hectares de terrains autour de ses a\u00e9roports, qu\u2019elle am\u00e9nage \u00e0 des fins de location commerciale.<\/p>\n

Les principaux march\u00e9s de la soci\u00e9t\u00e9 dans le sud et le sud-est de l\u2019Asie verront probablement leur trafic de passagers tripler voire quadrupler au cours des 20\u00a0prochaines ann\u00e9es, en particulier en Inde. Cette hausse s\u2019appuie sur une expansion de la classe moyenne, de forts taux de croissance du PIB et une expansion vigoureuse des flottes des compagnies \u00e0 bas co\u00fbts. Les revenus et le BAIIA annualis\u00e9s de la soci\u00e9t\u00e9 d\u00e9passeront probablement leurs niveaux d\u2019avant la COVID l\u2019an prochain. Nous pr\u00e9voyons un TCAC de 15 \u00e0 20\u00a0% des revenus, du b\u00e9n\u00e9fice et des flux de tr\u00e9sorerie de GMR de l\u2019exercice 2024 \u00e0 l\u2019exercice 2029.<\/p>\n

Axis Bank<\/h3>\n

Axis Bank est la troisi\u00e8me plus grande banque indienne n\u2019appartenant pas \u00e0 l\u2019\u00c9tat. Avec ses filiales, elle offre une gamme compl\u00e8te de services financiers \u00e0 une client\u00e8le de particuliers et d\u2019entreprises. Elle sert plus de 27\u00a0millions de clients gr\u00e2ce \u00e0 son r\u00e9seau en pleine croissance de 4\u00a0700\u00a0succursales, 11\u00a0300\u00a0guichets automatiques et 86\u00a0000\u00a0employ\u00e9s.<\/p>\n

L\u2019Inde est un march\u00e9 bancaire encore sous-exploit\u00e9, avec un ratio de l\u2019endettement des m\u00e9nages par rapport au produit int\u00e9rieur brut de seulement 55\u00a0%. Malgr\u00e9 une forte croissance qui devrait lui permettre d\u2019atteindre un taux de p\u00e9n\u00e9tration comparable \u00e0 celui des march\u00e9s d\u00e9velopp\u00e9s (le ratio correspondant aux \u00c9tats-Unis est de 216\u00a0%), l\u2019Inde reste \u00e0 la tra\u00eene d\u2019autres march\u00e9s \u00e9mergents comme la Chine, o\u00f9 il est de 182\u00a0%.<\/p>\n

Les banques appartenant au secteur priv\u00e9 comme Axis Bank profitent d\u2019une autre tendance tr\u00e8s favorable. Au cours de la p\u00e9riode de cinq\u00a0ans termin\u00e9e en 2020, elles ont pris 15\u00a0% de part de march\u00e9 aux banques appartenant \u00e0 l\u2019\u00c9tat. Les banques du secteur priv\u00e9 offrent un meilleur service, sont solidement capitalis\u00e9es et ont de meilleures capacit\u00e9s de prise ferme que leurs homologues appartenant \u00e0 l\u2019\u00c9tat; celles-ci d\u00e9tiennent encore 60\u00a0% du march\u00e9, ce qui repr\u00e9sente une occasion de croissance significative.<\/p>\n

Au cours de la p\u00e9riode de cinq ans termin\u00e9e en mars 2021, la croissance de l\u2019actif et des d\u00e9p\u00f4ts d\u2019Axis Bank ont affich\u00e9 des TCAC respectifs de 13\u00a0% et 14\u00a0%. Le syst\u00e8me bancaire indien jouit de solides perspectives de croissance en raison de sa faible p\u00e9n\u00e9tration, mais Axis Bank devrait cro\u00eetre encore plus rapidement puisqu\u2019elle profite de la tendance sous-jacente au d\u00e9placement des parts de march\u00e9. Elle affiche un ratio C\/B de 13,5 et un ratio cours\/valeur comptable de 2. Nous pr\u00e9voyons un TCAC de 13\u00a0% de son chiffre d\u2019affaires au cours des trois prochaines ann\u00e9es et une croissance encore plus forte de son b\u00e9n\u00e9fice net gr\u00e2ce \u00e0 la normalisation du contexte de cr\u00e9dit.<\/p>\n

Conclusion<\/h3>\n

Forte des mesures efficaces adopt\u00e9es pour contenir la COVID-19, vacciner la population et relancer l\u2019\u00e9conomie, l\u2019Inde devrait \u00e0 notre avis redevenir un leader de la croissance mondiale en 2022. Vu son potentiel convaincant selon une approche descendante et ascendante, nous croyons que ce march\u00e9 \u00e9mergent est appel\u00e9 \u00e0 se distinguer au cours des prochaines ann\u00e9es.<\/p>\n

 <\/p>\n

Source : Shutterstock.com. Images utilis\u00e9es sous licence.<\/div>\n
\n

 <\/p>\n

[1] eMarketer Insider Intelligence, chiffres de 2020<\/p>\n<\/div>\n

[\/et_pb_text][et_pb_toggle title=\u00a0\u00bbLegal notes\u00a0\u00bb open_toggle_text_color=\u00a0\u00bb#3e395b\u00a0\u00bb open_toggle_background_color=\u00a0\u00bb#ffffff\u00a0\u00bb closed_toggle_background_color=\u00a0\u00bb#ffffff\u00a0\u00bb icon_color=\u00a0\u00bb#3e395b\u00a0\u00bb open_icon_color=\u00a0\u00bb#3e395b\u00a0\u00bb admin_label=\u00a0\u00bbLegal notes\u00a0\u00bb _builder_version=\u00a0\u00bb4.16″ title_text_color=\u00a0\u00bb#3e395b\u00a0\u00bb title_font=\u00a0\u00bbArchivo||||||||\u00a0\u00bb title_text_align=\u00a0\u00bbcenter\u00a0\u00bb vertical_offset_tablet=\u00a0\u00bb0″ horizontal_offset_tablet=\u00a0\u00bb0″ title_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb title_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb title_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb closed_title_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb closed_title_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb closed_title_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb body_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb body_link_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_link_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_link_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb body_ul_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_ul_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_ul_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb body_ol_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_ol_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_ol_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb body_quote_text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_quote_text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb body_quote_text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb box_shadow_horizontal_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_vertical_tablet=\u00a0\u00bb0px\u00a0\u00bb box_shadow_blur_tablet=\u00a0\u00bb40px\u00a0\u00bb box_shadow_spread_tablet=\u00a0\u00bb0px\u00a0\u00bb text_shadow_horizontal_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_shadow_vertical_length_tablet=\u00a0\u00bb0px\u00a0\u00bb text_shadow_blur_strength_tablet=\u00a0\u00bb1px\u00a0\u00bb saved_tabs=\u00a0\u00bball\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n

\n

The information about the companies mentioned herein is based on our Letko Brosseau Emerging Markets Equity Fund as of March 31, 2022, and do not represent all the securities bought and sold in the portfolios during the quarter. A list of all purchases and sales made during the past year can be provided on request.<\/p>\n

The information and opinions expressed herein are provided for informational purposes only, are subject to change and are not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations.\u00a0Any companies mentioned herein are for illustrative purposes only and are not considered to be a recommendation to buy or sell. It should not be assumed that an investment in these companies was or would be profitable. Unless otherwise indicated, information included herein is presented as of the dates indicated.\u00a0While the information presented herein is believed to be accurate at the time it is prepared, Letko, Brosseau & Associates Inc. cannot give any assurance that it is accurate, complete and current at all times.<\/p>\n

Where the information contained in this presentation has been obtained or derived from third-party sources, the information is from sources believed to be reliable, but the firm has not independently verified such information. No representation or warranty is provided in relation to the accuracy, correctness, completeness or reliability of such information. Any opinions or estimates contained herein constitute our judgment as of this date and are subject to change without notice.<\/p>\n

Past performance is not a guarantee of future returns. All investments pose the risk of loss and there is no guarantee that any of the benefits expressed herein will be achieved or realized.<\/p>\n

The information provided herein does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor\u2019s particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.<\/p>\n

This presentation may contain certain forward-looking statements which reflect our current expectations or forecasts of future events concerning the economy, market changes and trends. Forward-looking statements are inherently subject to, among other things, risks, uncertainties and assumptions regarding currencies, economic growth, current and expected conditions, and other factors that are believed to be appropriate in the circumstances which could cause actual events, results, performance or prospects to differ materially from those expressed in, or implied by, these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.<\/p>\n<\/div>\n

[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

L\u2019Inde est l\u2019un des march\u00e9s \u00e9mergents qui offrent les perspectives les plus prometteuses, tant d\u2019un point de vue macro\u00e9conomique que dans la perspective d\u2019une approche de placement ascendante. […]<\/p>\n

Lire la suite…<\/a><\/p>\n","protected":false},"author":9,"featured_media":10251,"template":"landing-perspective.php","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"perspectives":[79],"class_list":["post-10255","perspective","type-perspective","status-publish","has-post-thumbnail","hentry","perspectives-recherche"],"acf":[],"yoast_head":"\nL\u2019Inde : un pays tr\u00e8s prometteur - Letko, Brosseau & Associ\u00e9s<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L\u2019Inde : un pays tr\u00e8s prometteur - Letko, Brosseau & Associ\u00e9s\" \/>\n<meta property=\"og:description\" content=\"L\u2019Inde est l\u2019un des march\u00e9s \u00e9mergents qui offrent les perspectives les plus prometteuses, tant d\u2019un point de vue macro\u00e9conomique que dans la perspective d\u2019une approche de placement ascendante. [...]Lire la suite...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/\" \/>\n<meta property=\"og:site_name\" content=\"Letko, Brosseau & Associ\u00e9s\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-20T13:49:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lba.ca\/wp-content\/uploads\/2022\/05\/ENG-1200-628-20220524-50.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data1\" content=\"14 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/\",\"url\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/\",\"name\":\"L\u2019Inde : un pays tr\u00e8s prometteur - Letko, Brosseau & Associ\u00e9s\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lba.ca\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lba.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/ENG-1200-628-20220524-50.jpg\",\"datePublished\":\"2022-05-25T14:39:55+00:00\",\"dateModified\":\"2023-02-20T13:49:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.lba.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/ENG-1200-628-20220524-50.jpg\",\"contentUrl\":\"https:\\\/\\\/www.lba.ca\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/ENG-1200-628-20220524-50.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/linde-un-pays-tres-prometteur\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Our perspective\",\"item\":\"https:\\\/\\\/www.lba.ca\\\/fr\\\/perspective\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"L\u2019Inde : un pays tr\u00e8s prometteur\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lba.ca\\\/#website\",\"url\":\"https:\\\/\\\/www.lba.ca\\\/\",\"name\":\"Letko, Brosseau & Associ\u00e9s\",\"description\":\"Letko, Brosseau & Associ\u00e9s\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lba.ca\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"L\u2019Inde : un pays tr\u00e8s prometteur - Letko, Brosseau & Associ\u00e9s","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/","og_locale":"fr_FR","og_type":"article","og_title":"L\u2019Inde : un pays tr\u00e8s prometteur - Letko, Brosseau & Associ\u00e9s","og_description":"L\u2019Inde est l\u2019un des march\u00e9s \u00e9mergents qui offrent les perspectives les plus prometteuses, tant d\u2019un point de vue macro\u00e9conomique que dans la perspective d\u2019une approche de placement ascendante. [...]Lire la suite...","og_url":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/","og_site_name":"Letko, Brosseau & Associ\u00e9s","article_modified_time":"2023-02-20T13:49:53+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.lba.ca\/wp-content\/uploads\/2022\/05\/ENG-1200-628-20220524-50.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Dur\u00e9e de lecture estim\u00e9e":"14 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/","url":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/","name":"L\u2019Inde : un pays tr\u00e8s prometteur - Letko, Brosseau & Associ\u00e9s","isPartOf":{"@id":"https:\/\/www.lba.ca\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/#primaryimage"},"image":{"@id":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/#primaryimage"},"thumbnailUrl":"https:\/\/www.lba.ca\/wp-content\/uploads\/2022\/05\/ENG-1200-628-20220524-50.jpg","datePublished":"2022-05-25T14:39:55+00:00","dateModified":"2023-02-20T13:49:53+00:00","breadcrumb":{"@id":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/#primaryimage","url":"https:\/\/www.lba.ca\/wp-content\/uploads\/2022\/05\/ENG-1200-628-20220524-50.jpg","contentUrl":"https:\/\/www.lba.ca\/wp-content\/uploads\/2022\/05\/ENG-1200-628-20220524-50.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.lba.ca\/fr\/perspective\/linde-un-pays-tres-prometteur\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lba.ca\/fr\/"},{"@type":"ListItem","position":2,"name":"Our perspective","item":"https:\/\/www.lba.ca\/fr\/perspective\/"},{"@type":"ListItem","position":3,"name":"L\u2019Inde : un pays tr\u00e8s prometteur"}]},{"@type":"WebSite","@id":"https:\/\/www.lba.ca\/#website","url":"https:\/\/www.lba.ca\/","name":"Letko, Brosseau & Associ\u00e9s","description":"Letko, Brosseau & Associ\u00e9s","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lba.ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"}]}},"_links":{"self":[{"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/perspective\/10255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/perspective"}],"about":[{"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/types\/perspective"}],"author":[{"embeddable":true,"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/users\/9"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/media\/10251"}],"wp:attachment":[{"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/media?parent=10255"}],"wp:term":[{"taxonomy":"perspectives","embeddable":true,"href":"https:\/\/www.lba.ca\/fr\/wp-json\/wp\/v2\/perspectives?post=10255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}