{
  "id": 15135395,
  "title": "ETMarkets Smart Talk | Manufacturing, healthcare and financialisation could create India’s next wealth creators: Sanjay Doshi",
  "url": "https://urgent.news/2026/10/17/etmarkets-smart-talk-manufacturing-healthcare-and-financialisation",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-17T05:59:17.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/expert-view/etmarkets-smart-talk-manufacturing-healthcare-and-financialisation-could-create-indias-next-wealth-creators-sanjay-doshi/articleshow/135008355.cms"
  },
  "original_language": "en",
  "account": "Sanjay Doshi, Head of Investments & Research at Abakkus Mutual Fund, discusses the potential wealth creators from manufacturing, healthcare, financial services, and emerging technologies in India. Doshi stresses that investors should focus on companies with sustainable earnings growth, healthy cash flows, and strong returns on capital, rather than just sectoral themes. He notes that largecaps offer valuation comfort but mid- and smallcaps can deliver higher growth, around 15-20%. Doshi emphasizes the importance of assessing the sustainability of growth and not solely relying on valuations. He also highlights the risks of elevated valuations and the need for disciplined stock selection. Doshi advises investors to align their SIP allocations with long-term goals, rather than reacting to short-term market movements.",
  "summary": "Abakkus Mutual Fund’s Sanjay Doshi sees opportunities across market capitalisations, despite elevated mid- and smallcap valuations. He urges investors to prioritise sustainable earnings, cash flows and returns on capital, maintain disciplined stock selection and align SIP allocations with long-term goals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}