Jai Malpani

Interested in Startups, Amusement & Water Parks, Investing, Innovation, and Adventure! @malpanigroup @imagicaaworld

[Jai Malpani @jaimalpani]

Welcome to the first of many threads on the book "Dream Big" by Cristiane Correa! I hope you find these insights as useful as I did and can apply them to your own business and life. #DreamBigBookThread #thread #bookreview #businessbook #inspirational

[International Chess Federation @FIDE_chess]

🇮🇳 Gukesh D is the YOUNGEST WORLD CHAMPION in history! 🔥 👏

[Ishan Tanna 🇮🇳 @IshanTanna1]

Malpani Group plans to expand Imagicaa with new theme parks

[Jai Malpani @jaimalpani]

@Krishnapips This is amazing!! Congratulations sir. 🙌

[Imagicaaworld @imagicaaworld]

Welcome to Imagicaaworld! ✨
India's most iconic entertainment destinations- Wet'nJoy, Imagicaa, Sai Teerth, and Aqua Imagicaa, are now united to deliver unparalleled experiences.
#imagicaaworld #imagicaa #wetnjoy #aquaimagicaa #saiteerth #hospitality #entertainment #parks

[UEFA Champions League @ChampionsLeague]

The 2023/24 champions 🏆

#UCLfinal

[ET NOW @ETNOWlive]

#OnETNOW | "Sabarmati first phase to be launched by next year" says Jai Malpani of Imagicaaworld Entertainment

@jaimalpani @imagicaaworld

[Jai Malpani @jaimalpani]

Exciting news! 🎉

Dive into adventure with 6 new thrilling slides at Imagicaa Waterpark, Khopoli! Ready to make a splash? 🌊

#imagicaaworld #AdventureAwaits

[Imagicaaworld @imagicaaworld]

Glimpses of the fiesta for the launch of our 6 new slides! From inspiring speeches to felicitations & performances to remember - this launch was one for the books! We thank & commend all the hard work & dedication of the Imagicaa team for turning this dream project into reality!

[Harsh Mariwala @hcmariwala]

As an entrepreneur, the journey is as much about leading a business as it is about personal growth and mindfulness.

Here are my 10 rules for mindful living that have guided me through the complexities of entrepreneurship.

[ET NOW @ETNOWlive]

"Planning to make an asset light company," says Jai Malpani, Imagicaaworld entertainment
@imagicaaworld

Watch the full interview👇
https://t.co/A81ycizieG

[ET NOW @ETNOWlive]

"Post merger will have 7 parks; 1 under construction park," says Jai Malpani, Imagicaaworld entertainment

@imagicaaworld

[Imagicaaworld @imagicaaworld]

Thrilled to announce Imagicaa has been honoured with 2 prestigious Indian Association of Amusement Parks & Industries (IAAPI) National Excellence Awards 23-24 - One for Most Innovative Ride (Musical Fountain Show) & another for Unique Event at Facility (Aquamagicaa Party Kingdom)

[Jai Malpani @jaimalpani]

This looks very cool!

[Gregory Kennedy @gregorykennedy]

The hill I will die on.

Bicycle racing is superior to F1.

[Jai Malpani @jaimalpani]

Discussed key challenges for smaller town businesses: talent retention, tech integration, family business legacy, and digital expansion. 🚀

Eager to hear your strategies in similar towns. Let's learn and grow together! 🌐📈💡

#BusinessGrowth #SMEs #DigitalIndia #bharat

[Jai Malpani @jaimalpani]

Thrilled to share my Amravati (MH) experience! Witnessed the evolution of tier 3 & 4 towns like my hometown, Sangamner.

We're not just seeing vibrant markets, but also innovative businesses shaping India's journey to a 5 trillion economy. 🇮🇳

[Jai Malpani @jaimalpani]

🔹 Family Business Legacy: Drawing from my experience as a 5th generation entrepreneur, I discussed preserving and enhancing family businesses over generations.
🔹 Digitization & Market Expansion: Leveraging digital platforms to transcend local markets and reach wider audiences.

[Jai Malpani @jaimalpani]

🔹 Systems & Technology Integration: Emphasizing the role of efficient processes and technological adoption for business growth.

[Jai Malpani @jaimalpani]

#Imagicaa has been honoured by the Bureau of Indian Standards (BIS) with the Honour, Recognition and Distinction as All India First Esteemed Licensee – Theme Park 🏆

[Jai Malpani @jaimalpani]

I'm thrilled to congratulate our team for their exceptional dedication. This award is not just a badge of honor but a testament to our unique commitment to excellence and our role in shaping India's quality ecosystem in the theme park industry.

Well done, team Imagicaa! 🎉🚀

[Uday Kotak @udaykotak]

My year end musings. A Financial Sector Model for India’s dream: 9% annual growth, $30 trillion GDP by 2047.

India is transforming from a nation of savers to investors. The tussle between the saver/ borrower and issuer/ investor model is underway.

In the early 80s, the Indian saver had low confidence in financial assets versus gold and land. Slowly the saver moved some part to bank deposits, UTI and LIC.

Even in the 90s, investing in equities was considered “speculative”. Hence companies looking for capital went to the foreign institutional investor (FII). FIIs saw potential and bought into companies while the Indian saver stayed away. Companies raised capital through the less known Luxembourg stock exchange. India’s capital market was being exported.

Some of us highlighted this phenomenon to SEBI. That began the private placement market (QIP) in early 2000s. Hence FIIs could also buy on Indian markets. The Indian saver’s interest in markets improved after the global financial crisis.
That saver is now savouring the joys of investing. Mutual fund platforms, cash equities and derivatives markets, insurance funds, global private equity in India, other platforms like AIFs, lower tax regime for equity, have all converted a saver to an investor.

How do we create a sustained growth story hereon?

1.Many investors have joined post Covid. They have mainly seen upside. While the situation is not comparable at present, we need to keep Japan of the 80s at the back of our mind. Its Nikkei Index peak was 1989. 34 years later with near zero interest rates, the Nikkei is still below its 1989 peak. We must avoid bubbles through policy, regulation, education, and supply of quality paper. Companies should raise equity at lower cost of capital for productive use.
2.While we must avoid tax arbitrage in debt, unless debt markets grow it will be a one legged race. The current gap on highest marginal tax rate between debt and equity of 39% and 10% is perhaps too wide.
3.Double taxation on dividends needs relook. A shareholder is like a partner. There is no additional tax when money is moved from the partnership to the partners capital account. Same principle applies to shareholders.
4. Low cost leverage through derivatives can distort financial markets. This needs attention.
https://t.co/M1heYN2OvA savers become investors the banking sector faces challenges on its deposits and cost of funds. The large corporate sector has to meaningfully move to capital markets (debt and equity) and away from banks. Banks will become distributors of corporate debt rather than storage houses. They will need to penetrate mid sized corporates, MSMEs and consumers.
6. We should avoid a retrospective tax and regulatory regime. We will need to balance developmental and regulatory role.
7. Two areas which need urgent focus for India’s aspiration are acquisition financing and streamlining of the IBC/ NCLT process.

As India aspires, the financial sector will be the key engine for delivery. Impact of technology is a separate subject of discussion for a future date. The saver/ borrower and the issuer/ investor models will coexist. It is time for a wholistic financial sector view.