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Capex, Not Consumer Demand, Will Drive Multiplier Effect In Indian Economy: Kenneth Andrade
Kenneth Andrade expects multiplier effect to play out in two sectors.
17 Dec 2020, 03:01 PM IST
Indian indices may be near their all-time highs but the economy still has a number of opportunities on the cusp of a multiplier effect. And investors can spot such opportunities if they track the capital, according to Kenneth Andrade.“The big picture seems to be there in a number of industries and when those industries kick-start the capex cycle, it could lead to the multiplier effect,” the founder and chief investment officer of Old...
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