"The building of houses and urbanization will continue to drive the economy," predict Anand Shah and Anish Tawakley.
Since the NDA is currently in charge, political stability won't be affected either.
Anand Shah, Head of ICICI Prudential Asset Management Company's Portfolio Management Services (PMS) and Alternative Investment Fund (AIF), and Co-Chief Investment Officer (Equity), Anish Tawakley, anticipate that policies will remain unchanged under the incoming administration. They think there will be stability provided the macroeconomic cycle is well controlled.
Tawakley and Shah stated that the two most crucial elements ensuring the expansion of the Indian economy are urbanization and home-building activity in an interview with Hitesh Vyas and Sandeep Singh. Revised Excerpts:
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