A Closer look at the Auto Sector with Dhaval Gala, Fund Manager
Aditya Birla CapitalOctober 30, 202300:02:35

A Closer look at the Auto Sector with Dhaval Gala, Fund Manager

🚗 The car ownership per 1000 is at a very low level of 30 for India, as per Niti Aayog this level is set to grow to 175 by 2040 creating great opportunities for Auto manufactures.


🏘️ India economy is set to grow and the Households earning up to USD5000 is expected to decrease from 38% (112.3mn Households) to 13% (47.2mn Households).


🙋🏻‍♀️ Median age of India currently is at 28 years and in the coming years will have propensity to spend more


📣Presenting,
ABSL Transportation and Logistics Fund


NFO open till : 10th November 2023


Invest now : https://mutualfund.adityabirlacapital.com/campaign/nfo/aditya-birla-sun-life-transportation-and-logistics-fund