Mirae Asset CEO: India's Next Consumption Boom Could Favour Discretionary Stocks
Mirae Asset CEO Swarup Mohanty argues India's hybrid retail model, quick commerce growth, and rising Tier 2/3 incomes will power the next consumption wave, tilting the long-term advantage toward discretionary consumer stocks over staples.
Mirae Asset CEO Swarup Mohanty says India's hybrid retail model, quick commerce growth, and rising Tier 2/3 incomes will drive the next consumption boom, favouring discretionary consumer stocks over the long term.