India’s long-term economic momentum remains on track, supported by rising incomes and steady domestic market flows, according to Prashant Jain, Founder and CIO of 3P Investment Managers. Speaking about structural trends, Jain said he prefers to compare India with its own past, noting that “6-7% should not be difficult” for growth and adding that the country is capable of growing faster.

Jain pointed to rising blue-collar wages as a key driver of future purchasing power. He illustrated the shift by recalling that a blue-collar worker in Mumbai earned ₹4,000 a month in 2000, while a starting software engineer earned about ₹30,000. Today, he said, both have converged, and India has far more blue-collar workers than white-collar, and only 25% of Indians earn a fixed wage compared with 50–75%

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