October 14, 2026
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India’s white-collar job engine, which powered urban middle-class growth for over a decade, is rapidly losing momentum, according to Saurabh Mukherjea, founder of Marcellus Investment Managers. Speaking on a recent podcast, Mukherjea said annual white-collar job growth has collapsed from around 11% to just 1%, marking a sharp break from the past when professional Continue Reading
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India’s middle class is facing a growing economic crisis, warns Saurabh Mukherjea of Marcellus Investment Managers, who says nearly one-third of white-collar jobs may be at risk as AI reshapes India’s most profitable sectors. As consumption slows and companies accelerate automation, he argues the country’s salary-driven economic model is beginning to break down. Short-term Continue Reading

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