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Showing posts from June, 2022

Talking about its initiation towards being digital and its impact on the market is tremendous.

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Over the course of the last decade, India has laid down the digital infrastructure pipelines - so much so, that today Digital activity has become part of daily lives of over half the country and has enabled India to circumvent the challenges posed by its poor physical infrastructure.  Be it bank accounts, KYCs, daily transactions, accessing government services, education services, and even COVID vaccinations, all of this is now digitally led in India. Just to put things in perspective, India has the highest volume of real time payment transactions with over 25 Bn transactions in 2020. China was next at about 16 Bn transactions in 2020! Pandemic has accelerated growth in the digital space! Siddharth Mehta former Director Of IL&FS said that "The digital transformation of India is only just accelerating, and we believe the internet economy could grow 10x in 10 years from here on (to get to more than USD 800 billion), resulting in many large businesses accreting sig...

Siddharth Mehta Of Bay Capital Talked About India’s Long-Term Growth Despite COVID-19 Impact

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  Even while near-term obstacles in the face of COVID-19 exist, Siddharth Mehta , Founder & CIO at Bay Capital, feels that India's long-term growth story remains intact.   Siddharth Mehta , a 19-year market veteran, worked for Kotak Mahindra Group, where he was important in growing the company's worldwide asset management division. Today, he and his venture Bay Capital is growing adequately. Also, he really positive about rapid growth of Indian economy despite the headwinds of COVID 19.     Without a doubt, the Western press is critical of India's handling of the second wave. In the short run, allocators are cautious since the news coming out of India on the COVID front is not good. Longer-term investors, on the other hand, are well positioned to look past the immediate issues and continue to Favour India as an investment destination. Siddharth discussed his outlook for profit growth in the short and medium term. According to him, near-term earnings a...

Abhay Lodha Topworth Group

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Topworth Group is presently foraying into Indian military production under the supervision and guidance of Abhay Lodha . In 1999, the Topworth group of enterprises grew from a small steel trading company to a formidable integrated company with commercial interests in steel, power, trading, and infrastructure. Topworth Group of Companies chairman Abhay Lodha has laid forth a plan for producing steel grades for land and naval defense.  "We will seek to bring world-class technology to India and build skill sets in the country so that we can supply top-of-the-line platforms for our Armed Forces, cut military product imports, and generate high-skill jobs," Abhay Lodha says.