Of course they are safe investments. Why can't Ambani invest or invite investment into building a microprocessor and memory manufacturing plant in India and also setting up an Indian SpaceX ( whatever happened to Ambani Aerospace ) ? Risky ?
@Soumitra, your hero, Ambani.
Bezos is ambitious. I refer to his Blue Origin company.
Yet he didn't have the heart to spend some of this substantial money for sponsoring medical treatments of critical patients who didn't have the money being extracted by hospitals.
Yet he didn't spend these billions on arranging food and medicine to the migrant laborers who were chaotically returning to their native places via the railway ministry's shoddily arranged trains.
One of the
biggest issues with Indians is that, invariably, they seem to know how to do another person's job better than them. Ambani didn't ask you suggestions on how to make or run his business, he doesn't need your suggestions on how to spend what he earns.
If you are passionate about space exploration, why don't
you start a space company?
To me mukesh looks like a greedy businessman just like jeff bezos. I personally like ratan tata he has a heart of gold
I don't disagree that Tata is a more compassionate person.
However, both of them just need to do what they are good at - build businesses, generate value and increase employment.
There is also another important point to note. India is a large market and every company looking for international growth cannot ignore India. These investments are a necessity and not necessarily a testament to a booming stable economy where investments grow and returns are guaranteed.
I don't have data handy, but you should also study the cycle of foreign investments related to election cycles. After an election is completed, year 1 sees little new investment as investors are gauging the policies of the government. Year 2-4 is where most of the investment peaks, and year 5 is where the foreign investment again drops to a standstill as investors await a fresh election (and economic policies). The demonetization and GST actions (blunders?) of this government happened during year 2-3. This sapped a lot of foreign interest in investing in India.
I believe it will take another 5 years or so for the market to fall into a predictable rhythm. There have been
many fundamental shocks and changes to the system
1. GST
2. Demonetization
3. Accounting regulator
4. RERA
5. IBC
I have also heard from older businessmen that they are not comfortable with the new system, which is more transparent and where they cannot evade taxes and law like they used to. However, their kids are starting to take over who find this as 'normal'.
The cumulative impact has been that banks have been failing. It will take time for banks to become resilient and the business culture to change. I believe most of these shocks were necessary for a cleaner economy and system (bar demonetization). But they are shocks nonetheless.
