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India to outperform global peers on strong consumption and exports

India to outperform global peers on strong consumption and exports
India to outperform global peers on strong consumption, FTAs to boost exports: HSBC Mutual Fund India CEO · thehansindia.com

India's economy is doing very well, and a big money company's boss says it will keep beating many other countries.

He is Kailash Kulkarni, head of HSBC Mutual Fund India.

He says Indians are buying lots of things, and India is selling more goods to other countries.

The government is also making companies stronger and inviting foreign money into India.

India is signing special trade agreements with other countries.

These deals help Indian cars, clothes, computers, and other products sell abroad.

Because of all this, the economy can grow very fast.

The boss also talked about smaller company shares, saying they can earn more over a long time but are riskier.

He wants people to keep investing patiently instead of panicking when markets wobble.

Key facts

Speaker
Kailash Kulkarni, CEO, HSBC Mutual Fund India
Interviewer
IANS (Indo-Asian News Service)
Location
New Delhi
Key growth drivers
Strong domestic consumption, rising exports, government balance-sheet focus, rising FDI inflows, growing FTAs
Growth supported by trade pacts
Over 7 per cent
Beneficiary sectors
Jute, textiles, automobiles, defence, information technology
Equity market view
Mid- and small-caps historically outperform largecaps long-term but are more volatile
Investor behaviour
SIP investments rising as investors take a disciplined, long-term approach

Quotes

Kailash Kulkarni

CEO of HSBC Mutual Fund India

“"India's economy will continue to perform better than many other countries despite global uncertainties. Strong domestic consumption and continued growth in exports will support the economy."”
thehansindia.com

Sources

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