“The focus should be more on rural facing stocks. That is where as a portfolio manager, I would look. But that is the part of the economy which we saw urban is clearly doing very well. Also, there is a lot of negative news in agrochemical space, two-wheeler space, and the rural economy linked themes and sectors. That is where there is some value for money.”
They put up 12-foot-tall iron fences and have harassed and removed literally hundreds of houseless, disabled elders and folks holding on by a thread to “prepare” for APEC.
The Delhi-NCR edition of the ET Soonicorns Summit 2023 delved into the direct-to-consumer ecosystem, encompassing brands as diverse as the Good Glamm Group, a global beauty conglomerate from India, to Radhika Ghai-led KindLife and ShopClues and enablers such as ShipRocket and Fashinza. With Mama Earth making its public-market debut, its only time to note what founders and ecosystem experts had to say about the trajectory of the D2C space as the story of consumerisation 2.0 gains momentum in India.
“Probably shoes are better than real estate; but to be fair, there is visibility in the shoes and consumer demand sector and there are a lot more brands. In real estate, in the near term, we will see a lot more. We will see a lot of activity and the way the accounting goes, the results for real estate companies will probably be good for next year.”
At the Delhi-NCR edition of the ET Soonicorns Summit 2023, eminent personalities and ET Editors took the stage to unveil the ET 30 Future Unicorns of Delhi-NCR report, produced in partnership with venture intelligence firm Tracxn. A storehouse of information, insights and analysis, the report is a comprehensive resource on the 30 high-growth soonicorns, positioned to power sustainable growth across sectors and build from India for the world.