Indigenous Investors Weekly Insights!
Top 3 well curated stories from the stable of Indigenous Investors incase you missed them. These can range from finance to sports, depends on what made the headlines. Stay tuned.
At Indigenous Investors, we pride ourselves on a simple but powerful habit: reading for 5 hours every single day. It’s something we’ve shamelessly borrowed from the Oracle of Omaha, Mr. Warren Buffet. To share the wealth of knowledge we uncover, we’re bringing you 3 top stories that you may have missed this week. If there’s a topic you want us to cover, drop us a line! We’re always excited to read more and refine our process.
Story #1: The $2 Trillion Opportunity: How Gen Z is Shaping the New India
Gen Z (born between 1997 - 2012) are 377 million in number. Highest across generations as of today. Currently, they fuel $860 billion in Consumer Spending as of 2024. This report from BCG along with Snapchat anticipates their spending to $ 2 Trillion by 2035. It’s roughly India’s current GDP.
It’s a generation that’s not to be taken lightly and this report serves as a base for many businesses to realign their marketing activity.
Gen Zs want an immersive experience into the product before buying, they are more visual in nature and the most interesting thing - they are trend conscious and not brand conscious.
Do read this wonderful report and write your thoughts to us.
Story #2: India on track to become third-largest economy by 2028: IEA projection
Spending on infrastructure tends to have deeper effects. Better roads means more cars, faster transportation and a better lifestyle. Although not everything is visible today, but these are the seeds for the next 50 years. Fingers crossed.
Here’s a little excerpt.
India is on track to add over 12,000 cars every day to its roads over the period to 2035. Built space is set to increase by over 1 billion square metres annually, which is larger than the total built space in South Africa today.
Oil demand is seen growing from 5.2 million barrels per day to 7.1 million bpd by 2035. Capacity at refineries, to turn crude oil into fuels like petrol and diesel, will rise from 5.8 million bpd to 7.1 million bpd by 2035.
Over the next decade, India adds over 37 million cars and over 75 million 2/3-wheelers to its roads.
Cochin Shipyard has been a retail investor’s darling over the last year. As the Government’s focus on shipping and sea routes increases which forms 70 to 80% of our imports and exports.
It’s stock price touched a high of Rs 2,979 per share during the previous months. As a result, it’s a little difficult to imagine this offer for sale at the price band of Rs 1,540 per share. But that’s fine.
It will be interesting to see who is the new shareholder on the block.
But yes, it’s a reminder for those retail investors who assumed that stock prices of a Government controlled organisation cannot fall. Investor beware!
Thank you for reading! Want more insights like these? Hit the subscribe button to stay updated.