Suman Banerjee, CIO, Hedonova,
1. India’s domestic consumption story is faltering because of high inflation. I expect tax breaks in terms of higher rebates to stimulate domestic consumption.
2. Asset monetization is going to be key. The 5G auction is going to be key to raising cash. The 3700-4200 MHz and 4700-4800 MHz spectrums are available for auction.
3. Energy autonomy will mostly be an important theme. India has reduced import duties on heavy-scale batteries and I’m predicting 25000 crores allocated to strengthening the energy grid.
4. The PLI (Productivity Linked Incentive) Scheme which promotes manufacturing within India will be extended to MSMEs. Currently, it’s for large firms only.