đź’¨ Abstract
The ICICI Mutual Fund report identifies India as a market with significant untapped potential, with under-penetration in various key sectors. The country's demographic advantages, rising income levels, and changing consumption patterns are expected to drive domestic demand. The report highlights growth opportunities in segments like cars, travel, air conditioners, household appliances, and digital consumption. India's economic fundamentals are robust, with a high working-age population and strong fiscal discipline.
Courtesy: theprint.in
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