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SIPs eating into luxe care sales?

siddhi-thakkar-sip

Mercedes leadership believes that if they can stop India from saving for our future, we would spend more of it on buying luxury #cars. 🤔🤔

This note comes at a time when the investments in SIP reached an all-time high of Rs. 13k Crore despite fears of an imminent global recession and general geopolitical nervousness.

Who would have thought that our investments will reach a point where businesses would start to see our generations-old savings mindset as a threat to their growth!

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