Indians' ₹1.45L cr foreign travel spend now dwarfs building materials industry: Kotak MF's Nilesh Shah
Nilesh Shah flags a structural rewiring of Indian wallets: outbound travel (₹1.45L cr) tops entire building materials sector, Apple India added ₹1.2L cr in 5 years, and live events (₹20,800 cr) are eating into footwear and wardrobe budgets as experiences replace goods.
Kotak MF's Nilesh Shah says Indians' ₹1.45L cr foreign travel spend now tops the entire building materials industry as experiences replace goods.
Business Today · Latest · 5/25/2026, 2:01:38 AM · Ask about this →