CDMO and weight loss drugs poised for major growth in pharma sector: Ravi Dharamshi

economictimes.indiatimes.com:

«Now, with that kind of a constraint, if you still want to see a boom in the economy, then the maximum multiplier effect you can generate is through the real estate. So, the boom has started at the top, but now it will percolate down as well,» says Ravi Dharamshi, ValueQuest Investment.

You talked about as to how it is not just the premium end of the economy when it comes to consumption, but a more broad based, top to bottom kind of approach that you would now be looking at. How does that tie in with real estate because up until now you have only seen the premium end of luxury, that to residential and commercial both, real estate do well.
Ravi Dharamshi: So, see post COVID, unfortunately the recovery has been as it is popular now, K-shaped and what that meant is that anybody who owned an asset has done well, whether you owned equity, whether you owned gold or whether you owned real estate, you did well. But if you have been only a wage earner, income earner, then inflation has been beating your growth in your earnings and your discretionary power has gone down.

Now, the focus is very-very clear if you need maximum bang for the buck, see if I read between the lines, this government is very keen on ensuring that there is a sustained boom without inflation rising. So, they have been stopping themselves from giving any kind of a demand stimulus and focusing only on the supply side reforms. Now, with that kind of a constraint, if you still want to see a boom in the economy, then the maximum multiplier effect you can