Growth to come from MSME, affordable housing: Rajesh Sharma, Capri Global
«We see the highway are being built, railway is being built, a lot of manufacturing capacity are being built that will necessarily percolate the order to MSME, where the credit demand will come and that is where the opportunity lies for us,» says Rajesh Sharma, MD & CEO, Capri Global.
Let us first understand the big picture. The big picture for India is that the credit offtake is strong, rural demand is under stress, luxury demand is doing very well. The economy has become a K-shaped economy after the pandemic. Is it true?
So, partially I believe, but I still believe that the way India infrastructure is growing, the segment of MSMEs and smaller business is also growing pro-rata because these are the service sector.
We see the highway are being built, railway is being built, a lot of manufacturing capacity are being built that will necessarily percolate the order to MSME, where the credit demand will come and that is where the opportunity lies for us.
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I believe that this sector, where the demand of rural of small finance of Rs 25 lakh and below loans for business purposes, I think that is the area seeing a lot of growth. If you talk about us, we are able to grow in the last five years including COVID years, about 31% CAGR. In the last two years, we have grown almost 50%. And the
