8 Comments
User's avatar
Karan Shah's avatar

NIM Will Contract Further no doubt about it very well explained.

Expand full comment
Pramod S Kumar's avatar

This is fantastic insight, loved it. One quick question - why should gold be removed from CAD? while people use it as a saving, money has still gone out of India to buy it, hence should still be considered right?

Expand full comment
Parteek Sharma's avatar

This is truly insightful.

Expand full comment
Zerodha's avatar

Glad you liked it Parteek :)

Expand full comment
Anders's avatar

You missed a couple of international IT service companies investors can use. They are very Indian though. And then there is the Tata group, Jaguar, Land Rover

Expand full comment
Manish's avatar

China has truly global consumer brands now - BYD, Xiaomi, Tiktok. India will never have those as by nature we never think in 50 year time periods. Short term thinking can never produce global brands.

Expand full comment
Vishesh Shukla's avatar

Can someone explain how does it balances the payment (what Deepak said)? Apologies if I was not able to understand...

Expand full comment
Mohit Jain's avatar

Appreciate your writing!

Expand full comment