Simple Investing

Thanks for sharing, you have good details on Sula’s business. To me this is nice to have but a small risk or a future bridge that may form as and when such tax concessions/waivers eventually go away

This again is good to have now and IMO in a global world a future bridge that may form as and when the market opens up.

Is such high import duty on Whiskey, Scotch, Rum, Vodka also?

Agree and I did mention that the long gestation period, although a barrier to entry, may also be a barrier to growth…idea was that when pepsi, being a foreign entity, is allowed potato cultivation, if in future any foreign brand wants to have their own vineyard in India, are they allowed?

Going on same lines, are whiskey, rum etc. producers (foreign brands) allowed to do Wheat, barley, sugarcane etc. cultivation in India and have their own farms? Do these firms, even Indian brands, have such farms of their own? Scotch is world famous for having their own farms where they process produce of those specific areas only…never heard same concept in India so far or at least not famous the way grapes cultivation for vineyard is…any reason for that is what I am thinking…If you have idea, will be good to know…

Now, this is the only point which is not good for now for Sula/Wines, but for me, this is the only point which can prove to be a gap to be filled…I like all my invested companies to have such a gap as that provides me chances of better growth as and when that happens…

Sula would indeed be a nice business to list & track in above context. I am still evaluating if I should apply for IPO or play wait & watch. If at all I apply for IPO, it would probably be only a small tracking position.