Quote on the Impact on sectors ahead of G20 Summit 2023 from Dr. V K Vijayakumar, Geojit Financial Services
Below the quote on the Impact on sectors ahead of G20 Summit 2023 from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
"The India Growth Story, which is the best among large economies, is getting wider attention and appreciation with the G20 presidency. India’s highly profitable sectors like banking, IT and pharmaceuticals are already well researched and have attracted significant investments. A segment that has attracted significant attention in recent times is the India Stack and its phenomenal success. India’s digital ecosystem is now accepted as a model worthy of emulation. The explosive growth of Fintech companies is attracting a lot of attention. The incredible growth of non-IT services during the last couple of years also is attracting a lot of attention.
There is a global consensus among investors regarding India’s potential as an investment destination. The three Ds underlying the India Growth Story- Demography, Democracy, Digitalisation and Domestic consumption- will get more visibility due to the G20 presidency."
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