All the malls are full.
There’s a big waiting que for restaurants.
Hotels are occupied at full capacity.
The GST collections are consistently up at 1.5 lakh crores.
On the 31st both Zomato & Swiggy delivered record number of orders.
People are spending as if there’s there’s no tomorrow. No inflation.
Imagine if this is the spending in high inflation environment, what would the quantum of spending during low inflation rates & boom period. The discretionary spending will blast thru the roofs.
Our fundamentals as a country are strong.
National debt in check.
Sustainable savings.
Mass production… Mass consumption…
Ever working young and largest independent & consuming population.
If you’re a fund manager you ask this question to yourself. If you don’t invest in India, what’s the other option left with you? USA, a low growth high debt economy? China, a country troubled by its own government? Russia? Oh sorry, wrong question.
Right now, India is the safest place in entire world.
Both FIIs & domestic savings are gonna flood the markets. We’re gonna witness the grandest of bull run in next 3 decades.
If you want to make sustainable money in next 30 years, India isn’t part of the answer, it’s the only answer.
