9 Comments
User's avatar
Abhijeet Kislay's avatar

The difference between American industries and Indian industries is that America knows how to capture “sentiment” value of money. If the fundamentals are good the valuation generates returns which are mind boggling. If fundamentals are not good, they flash hard and then die quickly too.

India on the other hand is extremely fundamental driven but lacks grand visions about future.

Understood it is “dangerous“ and “immature”, but visionary people are always misunderstood initially.

When Elon says he wants to send people to mars, people still joke that he is crazy. But irrespective the guy got a grand vision. Now that’s the fuel for sentiment or the perceived value of money (also commonly called as “valuations”)

Somehow seeing generational poverty means Indian firms still don’t dare to dream big. Until then the sentiments will always be self-critical. I hope this changes in the future.

Expand full comment
krishna's avatar

Thanks for sharing!

Expand full comment
Sai Notham Konapala's avatar

Great write up! The perspective of economy knitted through the con calls is thought provoking.

Expand full comment
krishna's avatar

😍glad you liked it :)

Expand full comment
Basavaraj's avatar

wonderful summary. Thanks alot.

Expand full comment
krishna's avatar

❤️❤️

Expand full comment
Rajkumar Jaganathan's avatar

A good write-up on company con-call's...

Expand full comment
krishna's avatar

Glad you liked it :)

Expand full comment
sheo ratan Agarwal's avatar

The Daily Brief by ZERODHA touches a much broader ‘Economy’ issue—“How much are Indians buying”.The impact of early monsoon has been very well explained.And,The Daily Brief tells us it’s unbiased view that—By every measure, India should be booming.But it's not.” And,adds APTLY—“So, is all that we said just… wrong? Is he right? We don’t know.”It might be worthy to refer to The recent Indus Valley Annual Report 2025, published by Blume Ventures on consumer spending that says—A staggering one billion Indians, nearly three-quarters of the population, are left with no money for discretionary spending after meeting their basic needs.It adds—When a billion citizens can no longer participate in the non-essential economy, the ripple effects will be felt across every sector — from industry to innovation. The challenge for policymakers is to restore not just incomes, but hope.

The other topic India needs more women on its factory floors is very important as middle class strives to meet aspirations and Govt. is doing a lot for women empowerment.The Daily Brief APTLY says—there’s a lot we can do to get around them. And a lot is already being done.

McKinsey's May’2025 “Women in the Workplace research”, conducted in partnership with LeanIn.Org, expands beyond North America to include India,and identifies Obstacles for women’s workforce representation in India emerge early, at the entry level, with low recruitment, high attrition, and limited promotions. While women represent 48 percent of enrolled university students in India,1 they make up just 33 percent of entry-level workers and 24 percent of managers ,but this decreases to just 13 percent in the C-suite.

Expand full comment