India Desk
Introduction
India is the world’s largest democracy, with a population of 1.1 billion, a nuclear power, with an important seat at international institutions and increasingly a significant driver of the global economy. India is among the top five economies on a PPP basis. Its per capita income is expected to triple in 10 years. Even the most conservative growth forecasts place India among the world’s top five economies by 2025.
Drivers of growth in the next two decades:
- The cumulative effect of reforms on the micro-economy; and
- Attractive demographics, with 54% of the population under the age of 25, leading to massive inflows into the labor force.
We broadly classify investment themes into following categories:
- India as a global sourcing hub (IT&ITES, Pharmaceuticals, Automotives & Automotive components)
- Infrastructure (Construction, Building Materials & Real Estate)
- Financial Services (Banking, Consumer Finance, Insurance & NBFC)
- Consumer Discretionary (Retail, Education Services, Leisure & Travel)
- Agriculture (Scope for scale economics & technology)
- Education (Highest in priority of discretionary spending)
In India we have a team of 20 analysts who cover 17 sectors with 160 stocks under coverage we deal for both domestic and overseas institutions in Indian equities.We have an established LIPPER-STARMINE rated Institutional Equity Research team comprising of 20 analysts that provide research on Indian companies. Encompassing 80% of total market capitalization of the Indian bourses. It has been our constant endeavor to introduce quality Indian corporates to institutional investors across the globe. We have dedicated India equity sales desks in Singapore, Hong Kong, London .
