EQ Saturday Sapience #69
Equity Intelligence 1st June 2024
Is India the next global beauty retail destination? Agnikul Cosmos creates a momentous occasion for India’s space sector, Indian exports are likely to grow significantly on the back of the China+1 strategy pursued by transnational firms and Dr. Subba Rao Duvvuri, the former Governor of RBI, delivers an insightful talk.
- Beauty retail is on a growth trajectory in India. From big brands to smaller ones, all retailers are focusing on beauty as a category to attract repeat customers. They aim to capitalise on the high value-to-volume ratio offered by these products… Read more
- Chennai-based space startup Agnikul Cosmos launches world’s first rocket with single piece 3D printed engine. The IIT-Madras incubated startup achieved success entirely through indigenous design and development… Read more
- India, followed by Vietnam, are the biggest beneficiaries of the shifts in global supply chains due to the China+1 strategy adopted by transnational corporations, a report by Nomura said. Nomura estimates that this shift should raise India’s exports from $431 billion in 2023 to $835 billion by 2030, a CAGR of 10% … Read more
- Dr. Subba Rao Duvvuri, the former Governor of the Reserve Bank of India, discussed the shifts in economic influence and the new world order. He highlighted the need to provide jobs to tackle youth unemployment in India, which is as high as 40%. He emphasized that India's share of world trade is only 3% and even a 1% increase would have a significant impact on jobs and the economy… Watch here
- “Extrapolating existing conditions too far into the future is likely to lead to disappointment. But as long as people continue to make this mistake, and as long as the market consensus reflects it, history will continue to repeat itself in Wall Street.” —Arthur Zeikel
