G20 Summit, a global consensus is emerging among investors recognising the potential of India's economic and industrial prowess, making several sectors attractive to global investors.
We reached out to money managers to filter out P20 (20 portfolio) stocks as the India growth story, which is the best among large economies, is getting wider attention and appreciation with the G20 presidency.
Sonam Srivastava, smallcase manager and founder of Wright Research
1) Infosys
The IT sector has been India's flagship in showcasing its global prowess. Companies like Infosys and TCS reflect the country’s strength in digital solutions, IT services, and software development, aligning with digital discussions in G20.
2) Tata Motors
As India pushes for electric vehicles, Tata Motors, with its growing EV segment, stands out.
Their global presence, especially with the Jaguar Land Rover brand, showcases India's capability in high-end manufacturing and innovation.
3) TCS (Tata Consultancy Services)
Just like Infosys, TCS also reflects India's strength in the world of technology.
4) JSW Steel
With the focus on green steel and decarbonization, JSW Steel, one of India's leading steel producers, represents the country's metals sector's sustainable approach. Their global acquisitions and ventures also signify India's expanding footprint in the global metals market.
5) Dr Reddy's Laboratories
Dr Reddy's embodies India's role as the 'pharmacy of the world'.