Franklin Templeton’s Anand Radhakrishnan on the next big trend in market

A rising income is leading to a shift towards higher discretionary consumption patterns which is going to be the longer term trend and next big theme. It can be seen in automobiles, consumer durables, travel, leisure, branded goods and apparels, retailing, media sector, says Anand Radhakrishnan, CIO-Franklin Equities, Franklin Templeton Investments, in an exlusive interview with ET Now.