By Dr. Sudhir Ruparelia
We are entering into recession period globally and the exception is likely to be India and China with approximately 2% GDP growth in 2020 which is way below the 5% - 8% seen in the past several years.
For the benefit of all, I am sharing my perspective on such a scenario on a few aspects as below:
What will change during the slowdown?
Spend on luxury will come
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