UTI International CEO: India's secular growth phase to last for next decade

Growing middle class a boon for market

Lauren Mason
Praveen Jagwani of UTI International

Praveen Jagwani of UTI International

India's burgeoning middle class is creating multi-decade growth opportunities across the consumer discretionary sector, according to UTI International's CEO Praveen Jagwani, who said the combination of increasing internet access and nationwide lockdowns has accelerated this trend.

Jagwani, who has been CEO at the firm for nine years, said there has "never been a dearth of opportunities in India" for equity investors, given its attractive demographics and by virtue of the fact it...

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