investment strategy: Companies focusing on value for money to drive India’s growth: Milind Karmarkar
“Any company which basically focuses not only on the top end, but something that is value for money, significant value for money, for the bottom 60%, those will be the companies which will survive and do exceedingly well as our per capita income goes up,” says Milind Karmarkar, Dalal & Broacha Portfolio Manager
Nikunj Dalmia: So, what is looking good for next three to five years? What is the big picture?
Milind Karmarkar: So, frankly, as I have always said that for me the mega trend continues to be consumption. And when I say consumption, as you know that it encompasses a lot of sectors. But within that, what looks interesting is that if you divide the Indian population into different quartiles, one realises that at least 70% or at least…
Nikunj Dalmia: So, what is looking good for next three to five years? What is the big picture?
Milind Karmarkar: So, frankly, as I have always said that for me the mega trend continues to be consumption. And when I say consumption, as you know that it encompasses a lot of sectors. But within that, what looks interesting is that if you divide the Indian population into different quartiles, one realises that at least 70% or at least…
