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Fortune
Fortune
Steve Mollman

Billionaire Ray Dalio says India’s moon landing is another sign of its ‘ascendence’—and predicts stellar growth for its economy

(Credit: Jeenah Moon/Bloomberg via Getty Images)

Billionaire Ray Dalio believes India is the next big investment opportunity. The nation’s historic moon landing this week only strengthened his conviction.

On Wednesday, India successfully landed a spacecraft on the lunar south pole, thought to be the moon’s richest region for water. Just days earlier, Russia had failed in its attempt to become the first country to land a craft there. 

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