‘The environment is very conducive for manufacturing to grow in India rapidly’: Prashant Jain

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I think there is a weak correlation between localised conflicts like the one in Russia and Ukraine. While bigger wars cause pain and social challenges, they increase economic activity. On the other hand, equities thrive in inflation because they give you real returns equal to the growth of the economy or business plus inflation. Until inflation becomes high enough to impact real growth, I don’t think equity investors need to worry about it. If anything, one of the reasons to invest in equity is because we live in an inflationary world. Post-Covid, there has been a significant injection of money...