Vikas Khemani Says India Will Defy Market Corrections, Set For $1 Trillion Corporate Growth

Vikas Khemani, Founder of Carnelian Asset Management & Advisors, shares his insights on the Indian market amid concerns of a potential correction. He addresses the recurring narrative that the market will revert to mean, emphasizing that India is in a transformative phase. According to Khemani, in such an economy, the reversion-to-mean concept doesn’t hold as it would in a static economy. He highlights that despite risks over the years, India's corporate profits have grown significantly, and he remains bullish about the long-term potential of the Indian market, predicting corporate profits to rise to $1 trillion by 2035.