Sanjiv Mehta, Executive Chairman of L Catterton India, and former Chair & CEO of HUL, predicts that India will become a major consumption hub similar to China’s past growth. He emphasizes the importance of general trade and kirana stores in India’s economic evolution, highlighting the need for increased consumption and market development across various FMCG categories.
India, Taiwan ETFs see record outflows before Asia stock rebound
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply