No doubt speed in infrastructural development has taken a big leap. But many decision taken by Modi govt. has not been liked by people, in democracy, voters cannot be ignored, arrogance and rigidness does not work, creation of tax terror and always punishing tax payers is not a good sign. Now Petrol/diesel prices - if govt. wants to defer it for sometime, putting nails in its popularity. FM/PM must learn to respect people expectations too, else we do not require you.
Re: hi
by arungopal agarwal on May 25, 2018 12:26 PM
So you want control of corrupt congress and extortionists local parties. Nothing to have non secular mind.
This writeup is about anything BUT Vikas. It deals all about failure/criticism of BJP which is irrelevant/doesn't stand scrutiny. Waste of time to try to understand it,huh!
Within India there will be Sector Trends that will change every 3-4 years like:
Automobiles – India Sold a whooping 2 Crore Two Wheelers India V/S 1.7 Crore Two Wheelers sold by China. Interestingly India Sold 33 Lakh Passenger Cars in FY2018 V/S 2.4 Crore in India. Slowly but Surely in the next 10 years we are confident that India will sell 1 Crore Cars and the average ticket size of a car would also Increase rapidly. Out of these 33 Lakh Cars, more than 50% i.e. 18 Lakh Cars were sold by Maruti alone. Maruti has a Market cap of 2.6 Lakh Crores and did Profit of about 8000 Crores in FY2018.
Financials – This is one space where the Opportunity is Largest into all Three Spaces i.e. Lending, Protection and Wealth Management.
Lending – The Top 45 Business houses in India are 50% of Nation’s banking debt even after nationalization of banks. The Top 20% of India is well banked and Opportunities are now on the lower ticket size retail lending (80% of Population). With Upsurge of MFI, SME Lending, consumer finance, affordable home loans, Retail Credit is a big trend which are typically small ticket size loans with higher NIM spreads. India’s Credit needs will grow at 15-16%, whereas Smart private Bankers/NBFC can grow faster at 20-30% easy for next 7-8 years. Their is an Opportunity to grow look book by 3-5x easily.
I will take liberty to point out certain factors. a) The movie Baaghi 2 had a bigger opening collection than Bahubali 2 which was a far grander movie. It shows that urban consumption is growing at a reasonable pace. Sonalika tractors sold 100,000 tractors last year. Mahindra & Mahindra, Escorts are also showing all-time high levels of tractor sales. Clearly, that shows that rural economy is doing well.
Maruti Baleno has a four months’ waiting period. If consumers do not have money, then how come they are waiting for four months to get the car? Tata Motors’ commercial vehicle production is at an all-time high record level. Generally commercial vehicles are pulse of the market, pulse of the economy. If commercial vehicle sales are happening, certainly economy is rebounding.
Cement volume are showing double digit growth. The cement numbers for this quarter has come ahead of expectation. If we see a variety of other FMCG companies like Dabur, Lever and ITC, their commentary is also positive in terms of rural FMCG growth.
Put all these numbers together and you realise that the economy seems to have now rebounded, the momentum is picking up, it is reflected in last four months of IIP numbers which was above 7%. It is reflected in GST collections which have crossed Rs 1 lakh crore for the first time.
Re: Nilesh shah- MD - Kotak AMC on the Indian economy: Part-1
by samcarto on May 23, 2018 08:29 PM
It has taken 70 years for India to Reach 2.5 Trillion Dollar Economy, though India will take only 7-8 more years to reach 5 Trillion i.e. the Total amount of Money that was made in Last 70 years would be made again in the next 7-8 Years. The Question is how much will you make? I have absolutely no doubt that the ones who can catch a few right trends in next 7-8 years are going to be very very rich. China took 5 years to double, US took 10 years to double from 2.4 to 5 trillion$, it is estimated that India will take 7 years to get there.
The Idea is simple, there will be 100’s of entrepreneurs out there who will increase their profit 10-15x from current levels, they will grow at 30-40% and we need to back them. The Biggest Trend is India.
Vikas,naya Bharat,re writting the history,distorted version of historic events and what not,If only BJP and its head could shun jumlabaazi and arrogance ,build a infrastructure for 2nd and 3rd line of party fuctioneries things may come back to them not in full but in bits and pieces.Vikas has lost its sheen soon it was delivered to the masses.Jai Ho
Vikas,naya Bharat,re writting the history,distorted version of historic events and what not,If only BJP and its head could shun jumlabaazi and arrogance ,build a infrastructure for 2nd and 3rd line of party fuctioneries things may come back to them not in full but in bits and pieces.Vikas has lost its sheen soon it was delivered to the masses.Jai Ho
Vikas,naya Bharat,re writting the history,distorted version of historic events and what not,If only BJP and its head could shun jumlabaazi and arrogance ,build a infrastructure for 2nd and 3rd line of party fuctioneries things may come back to them not in full but in bits and pieces.Vikas has lost its sheen soon it was delivered to the masses.Jai Ho
So many roads are constructed, Metros work underway, Ujjvala yojana gave number of gas connection to the people who never even dreamt of it, Mudra scheme gave start up to many small scale industry(including pakoda). Day by day the proportion of human work will be replaced by automation. If one expects vikas means only jobs then this country will be slaves again.
If jbs are wanted every factory, industry has to face resistance. Let it be Singoor, Nanar, Jaitapur & the latest one Tuticoran. If every industry is made to run away from where the jobs ill come?
There has been a very good vikas during last4Years.Vikas in oil price,vikas in PriceOfEssential commodities,VikasInJOblessness!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Hahaha! Hohohoh???
Re: RE;THERE is a very good vikas during 4 years
by Against Pseudos on May 23, 2018 06:24 PM
YadVaa: You were living in USA from 1947 to 2014? :-) Hohohohoho
Re: RE;THERE is a very good vikas during 4 years
by Satyajeet Singh Yadava on May 23, 2018 12:26 PM
Manuuuuuuvaaaaaaaadiyon_Ka_Nash_HO!!! Jai_BHIm,Jai_Bharat!!!!!!!!!!!!!!
Re: RE;THERE is a very good vikas during 4 years
by Satyajeet Singh Yadava on May 23, 2018 12:26 PM | Hide message
Manuuuuuuvaaaaaaaadiyon_Ka_Nash_HO!!! Jai_BHIm,Jai_Bharat!!!!!!!!!!!!!!
Re: Re: RE;THERE is a very good vikas during 4 years
by kasi on May 23, 2018 06:17 PM
Article written by a leftist without checking facts. I am not BJP supporter but one must be objective. Article is far below standards of journalism because it is very subjective.
Re: Re: RE;THERE is a very good vikas during 4 years
by Against Pseudos on May 23, 2018 06:27 PM
Agree with you YadVaa. Pandit the RaHool should be dead.
Re: RE;THERE is a very good vikas during 4 years
by arungopal agarwal on May 25, 2018 12:27 PM
So you want corrupt congress and extortionist Mulayam, Maya and Lalu, Good nothing wrong to dream.
