0 months ago
India to outperform global peers on strong consumption and exports
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.
HSBC Mutual Fund India CEO Kailash Kulkarni said India is likely to keep outperforming most major global economies despite persistent global uncertainties.
Strong domestic consumption and rising exports are expected to support India's growth momentum.
Kulkarni credited the government's balance-sheet focus, rising FDI inflows and a growing number of Free Trade Agreements for India's strong performance.
Recent FTAs are expected to benefit jute, textiles, automobiles, defence and information technology sectors and help sustain growth above 7 per cent.
He noted mid- and small-cap stocks have historically delivered superior long-term returns but are more volatile and underperform during market turbulence.
- Who
- Kailash Kulkarni, Chief Executive Officer of HSBC Mutual Fund India
- What
- Stated India will continue outperforming most major global economies, supported by strong domestic consumption and rising exports, with FTAs helping sustain growth of over 7 per cent
- Where
- New Delhi, India
- When
- Wednesday, in an exclusive interview with IANS
- Why
- Strong domestic demand, rising FDI inflows, the government's focus on strengthening balance sheets and a growing number of Free Trade Agreements
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










