Vikram Kotak Shares His Views On Current Investment Climate And Changes In Indian Businesses
Kotak said that many businesses have improved their positioning in the markets and have become far more agile.
Co-founder and managing partner at ACE LANSDOWNE Investments services, Vikram Kotak recently shared his views over the current investment climate both in India and abroad, and what kind of changes he will be bringing in his portfolio to stay in the game. Kotak said that the last 5-6 months have been really challenging for the business and things have changed at a very quick pace. A few sectors like pharmaceuticals and IT have benefitted even in these testing times. On the other hand, sectors like aviation, hospitality, and automobiles have been severely affected.
Further, Kotak stated that the COVID-19 pandemic also had some positive impacts on the businesses. Many businesses have improved their positioning in the markets and have become far more agile. Concepts like digitisation were expected to happen some years later, but due to pandemic, people have boosted the use of digital technology.
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