Among his preferred investment themes, Kothari highlighted auto ancillaries, EMS (electronics manufacturing services), capital goods, discretionary consumption, banking and financials, and emerging infrastructure segments. On EMS specifically, he said, “EMS players are doing fantastically well… Make in India, PLI and China+1 are all helping,” adding that many companies could scale rapidly, given their relatively low base. He also pointed to opportunities in data centres, HVDC infrastructure, and electrification, stating that “these are the segments on which we are very bullish.”
