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India at cusp of 'snacking renaissance'; L Catterton bets on healthy snacking, branded foods
Expressing enthusiasm for India's rising consumption trends, L Catterton zeroes in on the healthy snacking and branded foods market. Having launched its first fund dedicated to India, the firm has made three key investments lately. Executive Chairman Sanjiv Mehta emphasizes the importance of transitioning from unbranded to branded products, predicting a resurgence in Indian snacking habits while calling for heightened investments in food innovation to cultivate globally recognized brands.
Renaissance Investment CIO sees value in IT, autos and financials
Pankaj Murarka, CEO & CIO of Renaissance Investment Managers, says the global AI investment boom could benefit Indian IT services as enterprise adoption rises. He believes fear-driven selling in IT stocks is fading and sees value emerging in the sector. Murarka is also positive on autos, EV-linked themes, energy and financials over the medium term, while cautioning that some AI and power infrastructure stocks are difficult to justify on traditional valuations.
It's time to invest in equities, not hold cash, says Renaissance's Pankaj Murarka
Pankaj Murarka, CEO and CIO of Renaissance Investment Managers, expects investors to look beyond weak near-term earnings and focus on a stronger recovery in the second half of the financial year and into next year. He argued that periods of moderate earnings growth are often followed by a catch-up cycle, especially when the economy continues to expand steadily.
Why the saree needs revival, not constant reimagination
As a timeless representation of Indian culture, the saree is calling for a renaissance. Despite its survival through the ages, there's a significant momentum towards modernizing this traditional attire, yet such changes frequently overlook the dedicated weavers behind the craft. Widespread acceptance among diverse socio-economic groups is key to ensuring its longevity.