@Aunindyo2023 that's part of the story but premiumization in two wheeler is definitely a trend.royal enfield and other higher cc bikes are in an upward trajectory.Consumer demand is not just a function of purchasing power,there should be products and services that triggers that desire.
@Aunindyo2023 It's not only cars two wheelers too are doing good , there's no cng there.However GST cut definitely has played a role.But believe fresh product line up is also driving the upcycle.Smartphone sales are falling as a new phone is almost similar to 3 year old phone.
@michaelxpettis It's due to lack of historical property rights in China.most household wealth globally. has come from property .if the state is going to corner it and allocate it to producers,manufactures it's definitely going to produce export competiveness and poor household consumption.
@vrk100@businessline@srirags Even a lay person knows what is capital account and current account.Thats the reason most business publications are insubscribable.Its not the price but quality and honesty.
@gdalmiathinks In a buyer's market ,price is set by buyers ,exporter are not going to benefit.Contracts are going to be re negotiated reflecting falling currency.The adjustment will be via rising yields .
@gdalmiathinks The idea that falling rupee supports export and manufacturing growth has been proven to be incorrect in India's case.Past data provides no such evidence.While rising imported inflation has proven to be true.