The consumer sector in India is being powered by twin engines of growth. Firstly, structural growth, and secondly is the expansion of the sector as consumer preferences shift towards better quality, branded products. This is turbocharged by the government’s focus on indigenous manufacturing for employment and deficit reduction further benefiting domestic players. But who will be the winners?
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Lead-Portfolio Manager, Fidelity Global Emerging Markets Strategy and Portfolio Manager, Fidelity India Fund
