Also, premiumisation in both alcoholic and non-alcoholic beverage industries, and the electronics manufacturing sector are key areas to watch for potential growth.
Despite the Reserve Bank of India (RBI) indicating its readiness to raise rates again, following a pause in April, Rohit Srivastava, the founder and market strategist at indiacharts.com predicts that the central bank will hold rates at the current level for a prolonged period.