The Writing Room

We aim to keep our investors up to date with regular written pieces that discuss our portfolios and our views on the opportunity-set whilst using the exercise to clarify our thoughts.

Writing Room

The Indian Elections in 30 seconds – The Outcome

The BJP led National Democratic Alliance (NDA) coalition has won the 2024 elections with a full majority (292 out of 543 seats) for an unprecedented third consecutive term. However, in a small but significant difference from both the 2019 and 2014 elections, the BJP now faces new challenges as they have fallen short by 31 seats of obtaining a single-party majority, reducing its political dominance.

June 2024

The Indian Elections in 30 seconds – part II

Geography is critical in this election; the six largest states have the authority to elect 51% of Members of Parliament. Who will be the front runners this time?

BJP vs…?

May 2024

Sunday Times: There are more than a billion reasons to invest in India

Ian Cowie

In this article, Ian Cowie looks at India’s rapid economic ascent under Modi, as well as the upcoming elections, and the recent modernisation efforts, in particular the Aadhaar digital identification system. He also highlights that
“The medium and smaller companies specialist, India Capital Growth (IGC), achieved 31 per cent over the past year, 78 per cent over five years and 312 per cent over a decade, while the more blue chip or big company-focused JP Morgan Indian (JII) delivered 19 per cent, 27 per cent and 151 per cent.”

April 2024