In spite of the terrorist blasts on commuter railroads on Tuesday, India's economy and stock market should continue to deliver strong growth, Andrew Foster, lead portfolio manager on the Matthews India Fund, told MarketWatch.

Because of the low level of violence that has occurred over the past 10 years and the deregulation of the markets that has attracted private investments and foreign trade, the country will bounce back, Foster said.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.