The Indian markets’ correction reflects growth disappointment over the last few months, even vs muted expectations. Fiscal consolidation (that too front loaded) and monetary policy arguably played a role in the cyclical slowdown.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said