India growth story strong; banks, power and defence seen as key bets: ASK Investment CIO

India growth story strong; banks, power and defence seen as key bets: ASK Investment CIO


George Joseph, Chief Investment Officer & CEO–Equity at ASK Investment Managers, says India’s long-term fundamentals remain strong despite global uncertainty, with GDP potentially doubling in 7–10 years. He favours cyclicals like banks, autos, capital goods, real estate, and defence, supported by inflation trends and global spending. He is also bullish on the entire power value chain, driven by AI-led data centre demand, while remaining cautious on expensive consumer stocks.

By CNBCTV18April 29, 2026, 1:06:54 PM IST (Updated)
CNBCTV18



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