US Tech Firms Offer Stronger Growth; Indian IT & FMCG Face Near-Term Challenges: Ambit’s Siddharth Bothra

Siddharth Bothra from Ambit Asset Management says U.S. tech companies are global leaders and more innovative, making them better long-term investments. In contrast, Indian IT firms haven’t focused much on innovation, which may hurt their future growth. He also sees weak growth ahead for large FMCG companies due to slow rural demand. Retail inflation in India dropped to 2.1% in June 2025, the lowest in over 6 years, mainly due to falling food prices. It has stayed below the RBI's target for 5 months in a row.