Worst is Behind for Indian Economy, Bay Capital’s Kodikal Says

Lock
This article is for subscribers only.

The worst may be over for India’s economy with higher consumer spending and positive trends in the manufacturing sector underpinning a recovery, according to Prachi Kodikal, partner at Bay Capital Investment Managers Pvt. Ltd.

“Credit card spends are up, airline traffic numbers are up,” Kodikal told Bloomberg Television’s David Ingles and Yvonne Man on Wednesday.