The Indian growth story has been largely fuelled by retail consumption, thanks to the country’s growing middle class. However, recent systemic issues such as inflation in basic consumer goods, the shadow-banking crisis and the on-going unemployment crunch have resulted in a setback to consumption. The lack of funds in the hands of consumers, owing to the reluctance of NBFCs to lend freely has particularly marred demand in not only high-ticket segments like real estate and auto but also in the retail and the packaged consumer goods industry.
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Rupinder specializes in mergers & acquisitions, private equity investments, joint ventures, strategic alliances, cross-border investments, regulatory issues for India entry, restructurings of Indian and international conglomerates, as well as compliance and white-collar crime investigations.