Here is why Canara Robeco’s Shridatta Bhandwaldar sees opportunities in manufacturing
For the last 60 years, manufacturing as a percentage of GDP has been between 14 and 18 percent, but that is now changing, says Canara Robeco’s Bhandwaldar
Over the last five years, the S&P BSE India Manufacturing Index has gained nearly 2x with major gains in segments such as defence, power and capital goods.
For the last 60 years, manufacturing as a percentage of GDP has been between 14 and 18 percent, but that is now changing, says Canara Robeco’s Head of Equities, Shridatta Bhandwaldar. He was speaking along with Pranav Gokhale, Senior Fund Manager, at the launch of the NFO for Canara Robeco’s Manufacturing Fund.
What is driving the segment?
Also read: India Budget gives a big push to semiconductor, electronics manufacturing
According to Bhandwaldar, there are currently four main drivers behind India’s manufacturing segment that…