When the dust settles and shipping containers get going the results would follow.
Just read the management commentary of companies like Welspun Living, SP Apparels, etc. They are expanding everywhere.
Textile is off the radar presently. Full of surprises.
"Textiles"
The Indian textile sector is one of the biggest beneficiaries of FTAs with western countries. Bangladesh political turmoil is another trigger for the industry (I mean the trust in Bangladesh's stability has taken a hit)
Got up this morning with a mix of hopelessness, rejection, uncertainty and sadness. And one question kept coming back to me.
Do I really deserve this?
The constant burden of paying massive taxes in so many forms. Abnormal and ever changing regulatory compliances. A permanent fear about what tomorrow may bring.
Do we deserve this?
Not able to breathe properly, thanks to rising pollution.Not able to walk properly, thanks to poor infrastructure.Not able to sleep peacefully, thanks to the constant anxiety of regulatory actions and uncertainty.
Do we deserve this?
Sometimes I feel the answer is uncomfortable.
Maybe we do, because our future is often decided by a few individuals,who do not believe in listening,do not believe in inclusion in decision making.
Progress cannot be built by fear. A nation cannot grow when its entrepreneurs and professionals live in constant worry.
We donโt need favours. We only need fairness, stability and a voice at the table without getting punished for poor conduct of others.
Increasing STT is not just a solo event. It is clear reflection of our society where anything can be done at the preface of morality.
What is funny is that the highest contributor of losses of retail investors is taxes itself apart from the fees earned by institutions where government is also one of the share holders via public institutions like LIC etc.
I guess I have to accept this because we have a healthy democracy up and running and have right to speak what we want to, only till we get some notice from some corner.
Still love my country, I am hopeful.
I am moving to Zoho โ our own Swadeshi platform for documents, spreadsheets & presentations. ๐ฎ๐ณ
I urge all to join PM Shri @narendramodi Jiโs call for Swadeshi by adopting indigenous products & services.
@elonmusk This is serious, Elon. You should definitely look into this and see how your intervention might help.
The only problem - No money. Please look into this. ๐
@sahilbhadviya You've missed to notice how quickly tech can get obsolete, Mere launch of DeepSeek caused havoc in US Tech industry
Disruption is the new normal which used to be a blue moon earlier
Everything is cyclical, it's just that the longevity cycles might vary
The real MOAT is agility
@_Baba_Unknown@Sandeep_Majj@Sharad9Dubey Focus on garments manufacturers having export exposure or plans.
Yarn manufacturers are set to be not that big beneficiary perhaps.
@_Baba_Unknown@Sandeep_Majj@Sharad9Dubey Bangaladesh Fiasco. Largest textile park shut down and locked. 170 factories closed. Whole sector is poised for rerating