ETMarkets Fund Manager Talk: ETMarkets Fund Manager Talk: 2 themes this smallcase manager is betting on given India's economic growth trajectory
"We have seen China, Japan, and South Korea see a massive increase in consumption spending post attaining the per capita income level of $2000. So, a third term for Modi would signify political stability, and the outcomes of previously introduced reforms would predominantly unfold during this tenure. If the Indian economy maintains the anticipated growth trajectory, these two themes are well-positioned to be influential in the journey."
Source: indiatimes.com