India's structural growth story intact despite margin pressures, WPI-CPI spread: Aditya Birla Sun Life AMC, CEO
Mumbai, Aug. 10 -- Despite near-term margin pressures stemming from recent GDP growth revisions and widening Wholesale-to-Consumer price spreads, India's underlying growth story remains structurally strong, according to Harish Krishnan, Chief Investment Officer - Equity at Aditya Birla Sun Life AMC Ltd.
Speaking with ANI on the sidelines of the Emerging Investment Strategies & Half-Yearly Outlook of Aditya Birla Sun Life AMC, Krishnan emphasized that domestic enterprise earnings retain a robust medium-term trajectory.
"Around 25% of incremental global growth comes from markets like India, and therefore, the longer-term fundamentals of India continue to be really good," Krishnan said.
Addressing current profitability pressures, he added...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.