The healthcare sector is facing many US Food and Drug Administration (FDA) hurdles. This is only a temporary turmoil, he says. The big Pharma names from India have huge opportunities in the US as the demand for generic drugs from India steadily rises.
Rural economy has a lot of upside embedded in it on the back of good monsoon, which may pull the economy out of high inflation and low growth, pending since past two years, says Shiv Puri, Founder of TVF Capital Advisers.
In the last nine months, the government has taken many right steps to improve the economy, says Shiv Puri, founder and MD of TVF Capital Advisors. It now needs to focus especially on the infrastructure sector in the Budget, he adds.