IT Sector Remains Resilient: Kenneth Andrade
  • Elizabeth George
  • Aug 07 2013

August 7: “In the 90s, India privatised many industries, which created large capex. So why can’t we come back to this,” asks Kenneth Andrade, Head – Investment at IDFC MF. “People are looking to park their money and seek to buy into companies, which are consolidating growth and business, he says. IT companies remain resilient by targeting the export market, he says, adding that the domestic consumption space faces tough challenges.