In conversation with Devang Mehta, Head (Equity Advisory), Centrum Wealth

Rishabhsinghh14 Mar, 2023Business

Certain issues, including consumption and formalization, credit growth and financialisation, capex growth and government fiscal expenditure, appear to be interestingly placed for the next half-decade. On the sector front, BFSI appears to be incredibly appealing and poised to be a proxy for the next phase of growth. Other sectors that should be included in long-term wealth creation portfolios include home renovation, discretionary and certain non-discretionary consumption, vehicles, select Technology, automation, capital goods, agriculture, and specialty chemicals.