India has recently caught my attention as a very interesting region of the world that is growing fast and building fast. Let me be clear, though, that I am not an expert about India. What I am about to write are all the things I've learned doing some research and talking with friends and users online who have been there or live there.
The chart I've attached here shows the INDA ETF, which is one of the few India ETFs in equity markets. I also find that interesting - it's not really easy to find an ETF or fund that gets you exposure to India firms. So keep that in mind while reading or looking at my chart.
What public India stocks do you know?
Are there any public India stocks or ETFs that you think I'm missing?
I am not going to be buying anything right away, but I do want to hear any thoughts from those who are reading.
Here are some recent thoughts I've had:
1. A few years ago, Jeff Bezos said the following about India: "“I predict that the 21st century is going to be the Indian century. The dynamism, the energy… everywhere I go here, I meet people who are working in self-improvement and growth."
Amazon is currently in the process of investing $1+ billion into India to bring new marketplaces and manufacturers online.
2. Venture capital in India hit a record at $63 billion. And it seems to be growing.
3. India has a record number of startups valued at $1+ billion. India was never known as a startup hub until recently. I think what's changed here is the number of US investors who are starting to take risks in the region. Perhaps this is a "rotation" from other countries that dominated recent venture capital cycles, especially in Asia, to places like India that have no received the same level of attention.
4. Here's an example, India has a GDP per capita of 1,900. China has a GDP per capita of 10,500 and Brazil has a GDP per capita of 6,700. All these regions of the world are growing and to be an optimist, you want to see the world continue to succeed, build, and improve. Could India start to grow as fast as these other countries? Time will tell, but it does seem like a question worth asking.
Thanks for reading!
Please reply if you have any thoughts or ideas on how to play it.
The chart I've attached here shows the INDA ETF, which is one of the few India ETFs in equity markets. I also find that interesting - it's not really easy to find an ETF or fund that gets you exposure to India firms. So keep that in mind while reading or looking at my chart.
What public India stocks do you know?
Are there any public India stocks or ETFs that you think I'm missing?
I am not going to be buying anything right away, but I do want to hear any thoughts from those who are reading.
Here are some recent thoughts I've had:
1. A few years ago, Jeff Bezos said the following about India: "“I predict that the 21st century is going to be the Indian century. The dynamism, the energy… everywhere I go here, I meet people who are working in self-improvement and growth."
Amazon is currently in the process of investing $1+ billion into India to bring new marketplaces and manufacturers online.
2. Venture capital in India hit a record at $63 billion. And it seems to be growing.
3. India has a record number of startups valued at $1+ billion. India was never known as a startup hub until recently. I think what's changed here is the number of US investors who are starting to take risks in the region. Perhaps this is a "rotation" from other countries that dominated recent venture capital cycles, especially in Asia, to places like India that have no received the same level of attention.
4. Here's an example, India has a GDP per capita of 1,900. China has a GDP per capita of 10,500 and Brazil has a GDP per capita of 6,700. All these regions of the world are growing and to be an optimist, you want to see the world continue to succeed, build, and improve. Could India start to grow as fast as these other countries? Time will tell, but it does seem like a question worth asking.
Thanks for reading!
Please reply if you have any thoughts or ideas on how to play it.
I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.
Twitter: twitter.com/scheplick
Blog: scheplick.com/
Twitter: twitter.com/scheplick
Blog: scheplick.com/