Investors looking to benefit from the high expected growth may consider investing in manufacturing funds. While several funds belonging to this theme already exist, Tata Mutual Fund recently unveiled the new fund offer (NFO) of Tata Nifty 500 Multicap India Manufacturing 50:30:20 Index Fund.
"The government has been a strong votary of domestic manufacturing. There is a concerted effort by policymakers to raise its share in India's gross domestic product (GDP)," says Gaurav Misra, head-equity, Mirae Asset Investment Managers.
The push factors
Make in India and PM Gatishakti initiatives provided the foundation of the policy framework targeted at boosting manufacturing. Other key policy initiatives aimed at creating manufacturing capacities include production-linked incentive (PLI) schemes, export promotion, and liberal foreign direct investment (FDI) norms. The Atmanirbhar Bharat theme calls for import substitution.
With the China-PlusOne model gaining traction, many multinational companies now regard India as one of the go-to destinations. A considerable amount of investment is expected to flow into manufacturing owing to these initiatives.
هذه القصة مأخوذة من طبعة April 19, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة April 19, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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