Mumbai, April 13 -- Saurabh Mukherjea is not the kind of fund manager who hedges his bets with careful language. The founder of Marcellus Investment Managers, one of India's more closely watched boutique fund houses, has made a career of saying out loud what others whisper.

His latest vehicle for that is a book-Breakpoint: The Crisis of the Middle Class and the Future of Work, published by Juggernaut in March 2026 and co-written with economist Nandita Rajhansa and human resources professional Sapana Bhavsar.

"I have argued in my book that India is not creating enough jobs for the middle and lower income segments," he said. "This would mean that the opportunity to invest in Indian businesses will come down over the next several years. Th...