India must move from assembly-led growth to end-to-end manufacturing capability: N Chandrasekaran
A banking & credit development with market-wide reach.
· Business Today Mkts
Chandrasekaran pointed to several indicators of economic strength, saying auto sales, credit growth, power demand and cement demand are witnessing double-digit growth.
The analysis
Credit growth and asset quality are the pulse of the financial sector, which is the largest weight in Indian indices.
Market context
- Sector exposure: Power, Auto, Cement & Construction.
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