Markets & Mandate: How would you prepare your portfolio for Modi 3.0?
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Nilesh Shah, MD & CEO of Kotak Mahindra Asset Management, discusses India's economic trajectory and the importance of consumer, digital, and physical economy sectors for the next 5 to 10 years. He compares India's economic model to that of the United States, emphasizing the need to follow the US template of wealth creation over a longer period of time rather than the rapid growth seen in China. Shah believes that India's positive market outlook post-COVID is unprecedented and that the country will continue to be a focus for global investors. He highlights the manufacturing sector as the biggest beneficiary of Modi 3.0 and emphasizes the need to create more jobs through manufacturing to raise incomes. Shah also mentions the consumer and digital sectors as important areas of growth in the coming years. He expects labor and agriculture reforms to be the main focus areas for Modi 3.0. Overall, Shah believes that the journey of wealth creation in India has only just begun and that the country has a head start in technology and digitalization.

#Modi30 #IndiaEconomy #ConsumerSector #DigitalSector #PhysicalEconomy #ManufacturingSector #LaborReforms #AgricultureReforms

https://m.economictimes.com/markets/expert-view/markets-mandate-how-would-you-prepare-your-portfolio-for-modi-3-0/articleshow/109556766.cms