India: growth story of the decade or a giant bubble?

Earlier someone was very skeptical about Bharat growing at 7+ %. Here you go.......live long enough to witness the journey Like I said (1.07)^50 = 29.45 times current GDP

Had a chat with a legendary soonicorn founder yesterday evening and his take was that we are definitely not getting another bull run this decade. I obviously think more optimistically and hopefully things will look up soon. What do you all think about this tho?

- India is emerging as the next big growth market for consumer goods giants like PepsiCo and Unilever, filling the gap left by China's uneven recovery. - Companies are targeting India's diverse population and untapped rural market with new flavors and size variants, driven by the country's fast-paced economic growth. - Major consumer goods firms expect higher government spending, a better monsoon season, and a resurgence in private consumption to boost consumer spending in the coming quarters. - The combined market share of top multinational companies in India is projected to rise, while their market share in China is expected to decline. - Consumer goods companies are heavily investing in India with new product launches and packaging upgrades, contrasting with muted growth in China. Source: [Reuters](https://www.reuters.com/markets/asia/pepsico-pg-india-becomes-next-big-growth-bet-china-lags-2024-08-09/)

The distribution of deposits in scheduled commercial banks(SCBs) across the Indian economy reaffirms that India is fundamentally an ascending world country. 1. Households make up the majority of deposits, a whopping 61.95%, close to ₹11,792,507 crores in SCBs. It appears that Indian Households are poised as significant potential consumers. It will be interesting to see how startups position themselves towards B2C services and product offerings that appeal to this sector. 2. There is also a significant gender split, with deposits from women roughly being a fifth of the total (20.49%), close to ₹3,900,593 crores. This represents a sizeable yet underutilised female demographic, a growth opportunity waiting to be tapped for startups. Women centric consumption will become a macro trend as a second order effect. Think maternity care, female hygiene, beauty, women-centric fashion and more. 3. Importantly, the majority of deposits are held in urban and metropolitan centres, cumulating to around 76% of all deposits (around ₹15,270,500 crores). It was always obvious that the highest revenue opportunity is in the Indian Metro scene. There exists mainstream relevance and aspiration for folks outside of these spaces. The road to higher likelihood of growth and profitability leads through the Indian Metro. 4. Large deposits for the Non-Financial Corporations at around ₹32,611,52 crores or 17.13% presents an uncanny duality. On one hand, these corporations are likely competition for startups. But? On the other hand, they can also be viewed as potential clients. B2B startups that offer valuable services to these corporations, such as SaaS solutions, stand to gain from this. 5. The Financial Corporations section, represents 5.84% of total deposits (₹1,111,565 crores) It creates an opportunity for FinTech startups seeking to disrupt or foster partnerships. Link to RBI data: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=BsrPublications#!21

Google had some crazy growth numbers and profit, which merited it's IPO Valuation. And yet, it has only(?) 76x since then. Here, in India, we have shitty SME companies 50x in 3-5 years. Signifies the impact of entry valuation

- 42% of this will be Grocery, followed by Fashion at 24% - 65% of D2C brand sales expected to be driven by Marketplaces (as they are today) - Today, 92% of retail is offline. By 2027, 89% of retail will be still offline (fair)

Sharechat raises 50M USD via Convertible Debentures from existing investors. The picture isn't as rosy as what it seems. Plus, twitter bio suggests that they are now positioning as an AI powered content platform? Welcome to the peak AI era. Time to jump off the AI bandwagon when normies start chanting AI AI AI.