NEW YORK (TheStreet) -- Given recent concerns about how the Chinese economy may be in a bubble and about Beijing's currency controls, many investors have turned to India to satisfy their appetite for emerging market growth.

Recently, India's central bank governor. Duvvuri Subbarao, stated that the nation's growth is strengthening from the already hot pace that helped India's benchmark stock index to nearly double in the last year.

Fueling that growth are increased public spending, demand for autos and infrastructure, and industrial production.

Another factor helping growth is a recent increase in business investment. IPOs and debt issues are coming back to life in numerous sectors including technology and luxury goods like diamonds.

These trends are expected to continue. India has an abundance of intelligent young workers with rising incomes. This should help drive demand for goods and services, which should further stimulate the nation's economy.

Another positive factor is the importance that President Obama is placing on building a long-lasting relationship with India. The U.S. is India's largest trading partner, and a healthy relationship between the two nations will benefit India.

Factors such as capital flows, increases in domestic demand, portfolio flows, a strong savings rate and strong trade alliances put India in a good position to continue moving forward. In fact, some economists anticipate India's GDP will grow nearly 8% for the year, a faster rate than previously expected.

Investors can gain exposure to this dynamic economy with the following exchange-traded products:

The iPath MSCI India Index ETN ( INP), which is structured as a senior subordinated debt instrument. INP closed at $65.02 on Wednesday.

The WisdomTree India Earnings Fund ( EPI), which is designed to measure the performance of companies incorporated and traded in India that are profitable. The ETF holds companies such as Reliance Industries and Infosys Technologies ( INFY). EPI closed at $22.74 on Wednesday.

The PowerShares India Portfolio ( PIN), which counts Oil & Natural Gas Corp. and Hindustan Unilever among its top holdings. PIN closed at $22.24 on Wednesday.

When investing in these securities, it is equally important to keep in mind the volatility and inherent risks involved with investing in emerging markets. A good way to protect against this volatility and risk is through the implementation of an exit strategy using triggers at price points at which an upward trend could potentially be coming to an end.

According to the latest data at www.smartstops.net, an upward trend in the aforementioned securities could come to an end at the following price points: INP at $62.92; EPI at $22.03; PIN at $21.89. These price points change on a daily basis as market conditions fluctuate and updated data can be found at www.SmartStops.net.

-- Written by Kevin Grewal in Laguna Niguel, Calif.

At the time of publication, Grewal had no positions in securities mentioned.

Kevin Grewal serves as the editorial director and research analyst at The ETF Institute, which is the only independent organization providing financial professionals with certification, education, and training pertaining to exchange-traded funds (ETFs). Additionally, he serves as the editorial director at SmartStops.net where he focuses on mitigating risks and implementing exit strategies to preserve equity. Prior to this, Grewal was an analyst at a small hedge fund where he constructed portfolios dealing with stock lending, exchange-traded funds, arbitrage mechanisms and alternative investments. He is an expert at dealing with ETFs and holds a bachelor's degree from the University of California along with a MBA from the California State University, Fullerton.

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