Even in the tough times of 2020, the festive season was a saving grace, injecting a much-needed boost into the economy. It's incredible how the Indian consumer wields such influence.
So, diving into this week, let's explore India's consumption story. Amidst all the talk about India becoming a major economy, increased consumption stands out as a crucial pillar for this growth.
India's Q2 GDP performance stole the show, clocking in at an impressive 7.6%, a pleasant surprise that outpaced the general consensus. Notably, India maintained its lead over China, which posted a GDP growth of 4.9% in the July-September quarter.
Just as vehicles require periodic tune-ups and oil changes to maintain optimal performance, rebalancing your portfolio involves scheduled assessments and adjustments. Both practices aim to ensure efficiency, longevity, and adaptability to changing conditions.
The smallcase Newsletter
The Power of The Great Indian Consumer
