BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Indian economy has shown strong resilience from jolt of second wave of Covid-19. All dots are coming together with -
normal monsoons
strong tailwind in IT services with an expected Rs 500-550 billion incremental salary outgo per annum
improved visibility on public sector undertaking divestment post sale of Air India
improving standing of Indian companies in pharma, chemicals, textiles etc. in China plus one strategy
high probability of private sector capex to kick start led by cement, steel, oil and gas
digitisation wave sweeping across with fintech, consumer tech and electric vehicle led transformation.
Although some of these factors will play out in long term, India looks set for new growth horizons in coming years.
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