Digitisation and manufacturing drive emerging markets now. This also includes India, said Jitania Kandhari. Jitania is the Head of Macro Research for Emerging Markets at Morgan Stanley. She shared the thought during an interview with CNBC-TV18. India has always been a service-driven economy. Now, it is shifting its focus to manufacturing “I hope the long-awaited manufacturing pickup will happen,” she said. She also talked about Morgan Stanley’s report on inflation. The report says that inflation levels in EMs are lower than that in DMs. This is happening for the first time Kandhari believes supply-related issues cause inflation in EMs.
