EQ Saturday Sapience #84
Equity Intelligence 14th September 2024
India is already home to the highest number of global capability centres (GCCs) and going forward, the lead is likely to accelerate, India’s big bet on semiconductors; a high stakes game with global giants, Kumar Mangalam Birla is spending his way out of a tight spot, and How Google Maps first failed and then creatively adapted to flourish in India.
- GCCs in India employ over 1.9 million people. Over 90% of the GCCs operate as multi-functional centres, supporting technology, operations, and product engineering. Together with NCR, Bengaluru accounts for 47% of the IT talent present in India’s GCC ... Read more
- The PM wants India to go big on the global semiconductor supply chain. That's a laudably ambitious plan. The country offers a facilitating policy environment and a growing market for chips. But there are challenges… Read more
- Long known to be conservative with cash, the Aditya Birla Group chairman is on an acquisition and expansion spree. A lot of it has to do with the sudden threat to his cement dominance—his pride and joy… Read more
- A lot has changed in the last 15 years with the pervasiveness of location-enabled mobile phones, cheap mobile data, and generally how locals navigate in India. But the use of landmarks to help people navigate digitally through India has stood the test of time… Read more
- “The stock market's been the best place to be over the last 10 years, 30 years, 100 years. But if you need the money in 1 or 2 years, you shouldn't be buying stocks.” —Peter Lynch
