The advantages of theme-based investment in the fast-growing India…
GST, Adhar (govt services), UPI, Datacentre), high infrastructure & govt pending, developing as a manufacturing hub, and sustainable practices to renewable energy as a future source of energy. In manufacturing, it includes sectors that will substitute for and augment new exports, including electric to engineering goods.
A sector that has already been upraising in the last 10yr is Pharma and Chemical, which is expected to maintain its advancement with a slowdown in China. Companies directly and indirectly progressing to the accompaniment of Solar, Wind, Biofuel, hydrogen fuel, electronic vehicles, technology, and mass global production lines are upcoming areas in India.
Otherwise, new generation companies are also evolving rapidly given India’s large domestic economy like ecommerce, Fintech, Foodtech, Edtech and varied types of products & services in advancement to old economy. The author, Vinod Nair, is Head of Research at Geojit Financial Services. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
