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This feeds into the consumer cycle as well. So, the setup in terms of the corporate and economic background is very good. However, in the past two years, because of the sharp rally, some areas have become a little expensive. Thats why markets are now looking for milestones.
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Union Minister Piyush Goyal outlines how the Make in India initiative has transformed India's manufacturing sector over the past decade. He credits government reforms like GST, IBC, and ease of doing business for this success. Goyal also emphasizes India's potential as a global manufacturing hub due to its demographic dividend and decisive leadership.
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Investors are turning to bond platforms like bondbazaar and indiabonds for higher yields amid equity risks and elevated valuations. These platforms offer a variety of bonds, including PSUs, tax-free bonds, and NBFC instruments, allowing investors to earn returns of 7-20% based on their risk appetite.
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