Kotak Mahindra's Jain: Boom times ahead for both old and new India

Market sees huge daily gains

India is at a very interesting juncture. The old economy is set to make a comeback after a Covid-19 hiatus and the digital economy is primed for hyper growth

The latter is becoming more pertinent when we see serious regulatory challenges emanating from the biggest new economy play in the world, China. On the day when the China ed-tech companies and other new economy stocks were reeling under the fear of profits being taken away, Zomato, a fast growing Indian food tech company had its listing day gains of more than 50%. Close on the heels are many other digital businesses which are getting ready for listing. Mobius Investment Trust sticks to its guns on India despite Covid-19 surge Indians are already hooked to the internet and now ...