We are taking a breather from the tech IPOs hype and exploring whether India is the new China. The Indian economy and the stock market has grown faster than the U.S. and China. Should you consider investing in Indian companies? India is an excellent mix of new, young companies that are creating the latest technology-driven products and old, large, stable ones that have been in business for several decades. The new startups, springing up in all the major cities, are driven by an ambition to build innovative, unique and future-defining products using modern technology and atypical business models. Stable companies are the foundation of India's economy and have steady operations. However, the Indian stock market is not as much talked about in the U.S. and mostly out of the sights of the U.S. investors. In today's episode of the Renegade Investors podcast, we invite Stock Card's Senior Financial Analyst and the Portfolio Publisher of the Emerging India portfolio on our Portfolio Store to discuss the similarities between India and China. Some of the companies we discussed are Infosys (Ticker INFY), HDFC Bank (HDB), Dr Reddy's (RDY) and Larsen & Toubro (LTOUF), MakeMyTrip (MMYT) and YatraOnline (YTRA).
As always, this podcast show would not have been possible without the free and publicly available content, primarily through several YouTube channels.
Detailed list of sources:
We are Hoda and Arash, the co-founders of Stock Card, and the co-hosts of the Renegade Investors podcast.