I wanted to start this post by boring you with 10 different statistics as to why we are going to dominate this decade - you know the usual, GDP / Capita growth, demographic dividend, manufacturing etc. but the point is I will keep it simple.
You see, for the longest time, as Indians we have always compared ourselves to some western version of what is shown to us or what we think is the ideal way to look at things.
It’s about time we change that.
Everyone woke up to some sad news yesterday wherein ace investor Rakesh Jhunjhunwala passed away.
In a public interview, being referred to as the Buffet of India, he proudly stomped and said, I am the Jhunjhunwala of India.
For the last year and half, I have been very actively tracking the music streaming space. This obsession has actually reached a level where I almost end up looking at the Music label first before looking at the artist name or the movie whenever a new song plays.
Even here, I can proudly say T-Series is the T-Series of India.
As many would like to call, T-Series is the UMG of India, I would probably say UMG is T-Series of the world.
Parsing a little on the financials space, Aadhar is not the social security of India.
Or UPI is not the PayPal of India.
In fact, Aadhar is the most unique social security which is out there in the world, made in India.
UPI is the most sophisticated payment technology there is, made in India.
I could probably list out a few other examples -
Tata Motors EV is the Tesla of India
IPL is the NBA of India
HDFC Bank is the JP Morgan Chase of India
With a country filled with empathetic youth base willing to utilise their potential to the fullest whether it is Rameshbabu Praggnanandhaa, the 17 year old chess prodigy or Rakesh Ji, who despite being on a wheel chair left no stone unturned to start his own airline, Grind keeps India going.
In an age where words like ‘hustle’ and ‘passive income streams’ do the rounds on social media, we seem to have forgotten that India is the land of Jugaad.
In a country where there are still pockets of roads you can barely drive your 4-wheeler, forget about a commercial truck plowing through it, we have companies valued at billions of dollars getting you food and groceries delivered in less than 10 minutes.
That ladies and Gentlemen is what keeps us going.
While Indians love jiving on Despacito, a song like 52 Gaj ka Daman also ends up raking in more than a billion views (140 cr.+ and counting)
Since this is an investing newsletter, there is no better way to sum up what I want to say than this short little clip from a popular web series.
“Invest In India, India ka bhao badne wala hai”
(Invest In India, the value of India is about to go up)
Wish you all a very Happy Independence Day :) Jai Hind 🇮🇳