At the end of August 2022, India moved to the second spot in the MSCI emerging market (EM) index with a weight of 14.483% replacing Taiwan according to the data from Bloomberg. India now trails China, which accounts for over a third of the weight in the benchmark index. The MSCI EM index is widely tracked by global fund managers for fund allocation.
Adani Wilmar food business should double for next 3-5 years: Angshu Mallick
Adani Wilmar expects improved margins in FY25 with a focus on oil meal products and distribution efficiency. Angshu Mallick foresees doubling the food business volume