Sakshi Gupta of HDFC Bank is cautiously optimistic on India's long-term growth story but warns investors not to buy the consumption narrative wholesale — it is far more fragile than the headlines suggest.
India's growth story is resilient. It is also incomplete. That was the nuanced verdict from Sakshi Gupta, Principal Economist and Vice President at HDFC Bank, speaking at the ET Alpha Wealth Summit's panel on the durability of India's economic expansion.
