Sector Recovery

Your coverage of the top 1,000 sectors was very useful for novice investors such as me. Given the current uncertain economic environment, I would like to know which industry would be driving economic growth in times ahead.

- Sareet Kunden

Editor Responds: Thank you for writing to us. The virus outbreak that has had an unprecedented impact across all sectors of the economy has significantly changed the economic landscape of the country. However, with the easing of the lockdown and resumption in economic activity, some green shoots are now visible which will help pave the way for a gradual but strong economic recovery. India’s revival is most likely to be led by its rural sector, thanks in large measure due to the more than abundant rains received during June 2020, which was the wettest month ever since 2013 as per the India Meteorological Department (IMD). A better-than-normal monsoon is also expected to boost employment in the rural sector, which will boost consumption. We hope this helps. Please do keep writing to us with your queries.