Auto, realty sector revivals bode well for economy: Nilesh Shah

Revival in auto and realty sectors bodes well for the Indian economy, said Nilesh Shah, MD & CEO of Envision Capital in an interview to CNBC-TV18.

“Both these pockets are in a relatively better demand environment and a lot of the mid and small sized companies will disproportionality benefit because of a stronger demand environment in both the auto and real estate pack,” he said.

Zooming out, Shah believes that the Indian market is still in a very strong uptrend and next 3-5 years will be good for the investors.