🗒️#Budget2023 Expectations -
Let's discuss some of the sectors where the government is making significant progress.
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♥️ For your kind support
Let's discuss some of the sectors where the government is making significant progress.
♻️Retweet for max reach
♥️ For your kind support
🧑🏭INFRASTRUCTURE :
1. Government spending on infrastructure over the past ten years is almost equivalent to that of the previous fifty years, up until 2013.
2. Government funding in this area must continue if India is to grow into a trillion-dollar economy.
1. Government spending on infrastructure over the past ten years is almost equivalent to that of the previous fifty years, up until 2013.
2. Government funding in this area must continue if India is to grow into a trillion-dollar economy.
3. The government has done a tremendous job with the development of highways, electrifying railroad lines, etc.
I expect this sector will continue to see inflows.
Stocks to look at -
👉Ahluwalia Contracts (India) Ltd.
👉PSP Projects
I expect this sector will continue to see inflows.
Stocks to look at -
👉Ahluwalia Contracts (India) Ltd.
👉PSP Projects
🌱AGRICULTURE :
1. The government will place a strong emphasis on expanding its expenditure on rural India as we go closer to the elections next year.
2. A re-look at Kissan Credit Card Scheme is required as it only results in higher NPAs.
1. The government will place a strong emphasis on expanding its expenditure on rural India as we go closer to the elections next year.
2. A re-look at Kissan Credit Card Scheme is required as it only results in higher NPAs.
3. The government has spent around Rs. 1 trillion over the past two years on fertilizer space and related subsidies; roughly the same investments can be anticipated for the current year.
Stocks on focus -
👉Aries Agro
👉RCF
👉Deepak Fertilizers
Stocks on focus -
👉Aries Agro
👉RCF
👉Deepak Fertilizers
🚉 RAILWAY THEME :
1. Indian Railways has the world's fourth-largest rail network, covering nearly 70,000 kilometers.
2. In the most recent budget, the finance minister set a lofty goal of introducing 400 Vande Bharat trains over the next 3 years.
1. Indian Railways has the world's fourth-largest rail network, covering nearly 70,000 kilometers.
2. In the most recent budget, the finance minister set a lofty goal of introducing 400 Vande Bharat trains over the next 3 years.
3. In addition to what has already been announced, the government is expected to present plans for 400 additional Vande Bharat trains in this year's budget.
4. The government's rationale behind the announcements of hundreds of new Vande Bharat trains is two-fold -
4. The government's rationale behind the announcements of hundreds of new Vande Bharat trains is two-fold -
a.) Replace all of the current high-speed trains, such as the Rajdhanis and Shatabdis, gradually to raise the top speed on the main routes to over 180 kmph.
b.) The government is also aiming to manufacture trains to export to Europe, South America, and East Asia by 2025-26.
b.) The government is also aiming to manufacture trains to export to Europe, South America, and East Asia by 2025-26.
5. The speed of several projects, including the upgrading of rakes, electrification, the construction of new lines, gauge conversions, the enhancement of signaling systems, and freight corridors, is anticipated to pick up.
Stocks in focus -
👉RVNL
👉TWL
👉HBL Power
👉 IRFC
Stocks in focus -
👉RVNL
👉TWL
👉HBL Power
👉 IRFC
🏭 CAPITAL GOODS :
1. For the economy to grow more rapidly, India must invest in capital goods like machinery and equipment.
2. The expansion of the PLI net is anticipated to stimulate the industrial sector even more. Jal Jeevan mission, High-Speed rail, Smart cities, etc
1. For the economy to grow more rapidly, India must invest in capital goods like machinery and equipment.
2. The expansion of the PLI net is anticipated to stimulate the industrial sector even more. Jal Jeevan mission, High-Speed rail, Smart cities, etc
Stocks to look at -
👉Larsen
👉Schaeffler
👉 Bharat forge
👉Voltamp
👉Larsen
👉Schaeffler
👉 Bharat forge
👉Voltamp
☀️ SOLAR ENERGY :
1. India stands 4th globally in renewable energy installed capacity.
2. India has committed that about 50% of its installed electricity generation capacity will consist of non-fossil fuel sources by 2030.
1. India stands 4th globally in renewable energy installed capacity.
2. India has committed that about 50% of its installed electricity generation capacity will consist of non-fossil fuel sources by 2030.
3. Building up India's capacity to produce high-efficiency solar PV modules by bringing cutting-edge technology, empowering the establishment of integrated plants for better quality control, and creating an ecosystem for sourcing local materials for solar manufacturing.
4. The aim of the PLI scheme - National Programme on High-Efficiency Solar PV Modules is to promote the manufacturing of high-efficiency solar PV modules in India and thus reduce import dependence in the area of renewable energy.
5. The PLI Scheme also aims to enhance exports, strengthen the Atmanirbhar Bharat and Make in India initiatives, and generate employment.
Stocks in focus -
👉KPI green
👉 Borosil renewables
Stocks in focus -
👉KPI green
👉 Borosil renewables
💡Detailed analysis of KPI Green
🏡 BUILDING MATERIALS / HOME IMPROVEMENT & CEMENT :
1. We can observe a rise in cement demand along with the infrastructure inflow (construction of more rail, roads, airports, bridges, etc.)
1. We can observe a rise in cement demand along with the infrastructure inflow (construction of more rail, roads, airports, bridges, etc.)
2. Real estate cycle boosts the demand for building materials like plastic pipes, and cement apart from tiles, sanitaryware/faucets, plywood, etc.
Stocks in Focus - (3 years perspective)
👉 NCL Industries
👉 Hindware Home Innovation
👉 Carysil
👉 Rushil Decor
👉 Sirca Paints
👉 Venus Pipes
👉 NCL Industries
👉 Hindware Home Innovation
👉 Carysil
👉 Rushil Decor
👉 Sirca Paints
👉 Venus Pipes
💡Detailed analysis of Sirca Paints
💡 Detailed analysis of Hindware Home Innovation
💡 Detailed analysis of Venus Pipes
🧵TEXTILE :
1. The sector was hurt by the global slump and fluctuating cotton prices, but things should get better from here on out (may take two more quarters to fully recover).
2. Domestic demand was also sluggish.
1. The sector was hurt by the global slump and fluctuating cotton prices, but things should get better from here on out (may take two more quarters to fully recover).
2. Domestic demand was also sluggish.
3. With the setting up of more textile parks, more government support in terms of PLIs, export incentivization, and lower import duties, this sector can see good inflows too.
Stocks in Focus -
👉SP Apparels
👉 Gokaldas Exports
👉 Raymonds
Stocks in Focus -
👉SP Apparels
👉 Gokaldas Exports
👉 Raymonds
💡My detailed thread on SP Apparels -
🪫 EV & BATTERY :
1. EV initiatives, primarily to encourage electrification, like an extension of the FAME II subsidy or an increase in allocations towards electrification of buses under the JNNURM (Jawaharlal Nehru National Urban Renewal Mission) or of last-mile connectivity.
1. EV initiatives, primarily to encourage electrification, like an extension of the FAME II subsidy or an increase in allocations towards electrification of buses under the JNNURM (Jawaharlal Nehru National Urban Renewal Mission) or of last-mile connectivity.
2. Investing in renewable energy projects such as solar or wind power will also provide companies with carbon credits, which will contribute to the growth of the electric vehicle industry as a whole.
3. To ensure sufficient capacity is available to satisfy the projected demand for EV batteries, it would be necessary to implement a PLI scheme specifically geared toward battery pack manufacturing.
Stocks in focus -
👉Kabra
Stocks in focus -
👉Kabra
💡Detailed analysis of Kabra
⚔️DEFENSE :
1. In terms of defense spending, India ranks third only to the United States and China.
2. Modernization of Indian armed forces has been at the center of this government’s priorities.
1. In terms of defense spending, India ranks third only to the United States and China.
2. Modernization of Indian armed forces has been at the center of this government’s priorities.
3. Govt emphasizes building a domestic defense infrastructure not just to meet its own requirements but also for the world. Target a $25 billion turnover in defense and aerospace by 2025 (including $5 billion for exports).
Stocks in Focus -
👉Bharat dynamics
👉MTAR
Stocks in Focus -
👉Bharat dynamics
👉MTAR
Disclaimer :
This research is shared for learning purposes only.
It includes my own expectations from the #Budget2023
Stocks mentioned should not be considered as investment advice, please refer to your financial advisor before making any investment decisions.
This research is shared for learning purposes only.
It includes my own expectations from the #Budget2023
Stocks mentioned should not be considered as investment advice, please refer to your financial advisor before making any investment decisions.
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