Don't buy the consumption story blindly: Sakshi Gupta
Synopsis HDFC Bank's Sakshi Gupta sees India's growth as resilient but incomplete, rating it a 6 out of 10. While acknowledging strong GDP, she cautions
Synopsis HDFC Bank's Sakshi Gupta sees India's growth as resilient but incomplete, rating it a 6 out of 10. While acknowledging strong GDP, she cautions against blindly buying the consumption narrative, deeming it fragile. Gupta highlights the need for structural reforms to boost private investment and suggests foreign capital may return as geopolitical fears ease.
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