Dear friends and well-wishers of Kampani Capital,
The summer sun is beating down across the country with ‘no respite’ expected for the next few weeks. ‘No respite’ may also be a good phrase to use given the recent fuel price hikes that are slowly but surely beginning to start hitting some brakes on the economic engines that had just about started to purr. Price hikes are now beginning to be felt across the board including some bell-weather sectors like Automobile, Logistics and FMCG. If we add the hard times that some of our young friends are facing in the IT Services Sector(AI Impact) as well as the FX volatility that Import heavy companies are facingwe could be heading towards a Perfect Storm. Regular readers of this newsletter may actually be surprised at the tone of my note but sometimes we need to accept harsh realities and work harder!
Infact, the Indian Economy has always come out much stronger whenever our backs have been to the wall. Whether it was the Green or White Revolution or the 1991 BOP crisis, we have always emerged faster, higher and stronger (with due respect to the Olympic motto of Citius,Altius,Fortis).Some of us may recollect the many months it took to get a new phone connection or a car or even the measly Forex Allowance we were allowed before the Rao- Singh reforms of 1991.The time is now ripe for us to move to the Gen Z reform era and maybe time for some of us to listen with our ears-to-the-ground.
Talking of the Gen Z way,one of our partners was recently on a visit to Bangalore to meet some Tech Family Offices and tried out the Metro from Central Bangalore to Electronic City, just as an experiment. Incredibly, the ride was very pleasant, travel time was cut down from 1 hr plus to 30 minutes and the stations were shiny clean – A far cry from some of the Mumbai locals that we see everyday! My sense from the economic point of view is that big cities in India will also gravitate to the London-NYC-Singapore model of economic hubs being created near the metro stations. Time will tell whether some of us can give up our love for personal transport but more than baby steps are now surely being taken.
Speaking of Singapore, inspite of the Macro Economic headwinds we are facing,there continues to be good interest from Family offices in the Asian region to look at some fast growing sectors in India including Deep Tech, EV, Real Estate,Infrastructure and certain pockets of Fintech and ConsumerTech. We look forward to meeting some of these family offices as well as corporate clients in the coming months as we take our clients for roadshows to countries like Singapore, Hong Kong, Japan and Korea.
Till next month then, don’t forget to wear those caps and sunscreens!
Amar
Amar Kampani
CEO and Founder,
Kampani Capital (a Division of Anak Consulting LLP)
29th May 2026