Aspirational India is a more structural theme that we expect to pan out: Avi Mehta
Avi Mehta of Macquarie Group discusses the rural recovery potential based on agri incomes. The FMCG sector's growth, consumption trends, and paint sector dynamics are key points of interest for investors in India. Mehta says: "From a theme perspective, our key picks have been Asian Paints, Titan and DMart, in the sense of being a lot more focused on discretionary lens rather than the staple side given our concerns on rural recovery."