Dear friends and well-wishers of Kampani Capital,
Happy to inform you that this edition of the monthly newsletter comes on the back of a busy month for all of us at Kampani Capital. We saw a big bump up in some of the new mandates we have been working on as well as some new client and partner sign ups both within India as well as overseas.
This fits in well with overall positive sentiment across the Indian economy. We saw PMI Numbers both across services and manufacturing showing tremendous resilience inspite of external factors like the 2 Wars, the Red Sea Embargo and the recession in 2 major EU economies. This is a testament to the strong local purchasing power as well as the substantial wealth being accumulated locally. We expect the strong economic fundamentals to continue given the bump up in spending across all major sectors including Infrastructure, Hospitality, Logistics, Semiconductors and Renewables Sources of Energy. A big example of this is the surge in EV consumption on the auto side which is now being backed by focus on EV infrastructure with names like Reliance BP, Adani Total and Tata pushing the pedal hard. Another sector which caught our eye last week was the Global Capability Centre(GC) investments made by global players in India. The last 2 years saw large investments by global banks like Wells Fargo, BankAm as well big tech names like Amazon and QualComm significantly upping their India GCC play. You wont need Eintstein to tell you that deals like these help to keep the IT employment numbers soaring as well as Real Estate companies can continue their good run. We expect a large number of these investments to also come at new centres like GIFT City given the ecosystem and financial incentives available there for investors.
Let me now take this opportunity to thank all our clients, partners and well wishers who took out time to meet Sowmya and me over the last few weeks in Mumbai. We look forward to your continued support as we re-energise and re-inforce our mission of taking the best of India to the world and also bring top global investments into India.
Amar Kampani
CEO and Founder,
Kampani Capital (a division of Anak Consulting LLP)
26th February 2024
