Vendor + 1 Strategy - IT, API, Auto and now Hyundai?
It is no surprise that the whole IT revolution lead to creation of a lot of value for shareholders of the likes of Wipro, TCS, Infosys and the likes.
With Covid accelerating IT spends with a push to being more ‘agile’, will we see this story continue to play?
Here’s a hint - TCS is now more valuable than Accenture.
API in the pharmaceutical space has been capitalizing on the Vendor + 1 strategy backed by PLI schemes announced by the government.
Here’s what Hyundai had to say recently which can repeat a whole Maruti + Auto Ancillary story again.
Blackstone and Brookfield now own USD 40 bn of real estate assets in the country now
Between the two groups they now own close to 320,000 cr. worth of real estate in this country.
Can we see more REITS being launched in the upcoming years? Time will tell.
Tata Motors is now going to start mobile fuel pumps?
Something that was announced way back in 2016 as a Proof of Concept. TAMO has finally put out ads for EOIs to start selling fuel all the way to your house.
This could soon be a reality.
Chris Wood says - overweight on India
On his last note for 2020, Chris Woods - the author of ‘Greed and Fear’ for Jeffries has increased the weight of India in the APAC (ex-Japan) portfolio from 9% to 14% on the back of fall in daily average of active Covid cases.