Hi to all the veterans, I have a small query. We have seen the government has been pushing for a lot of indigenous manufacturing across sectors and have introduced PLI schemes (which to my understanding are subsidies for production of certain products) across sectors. And a lot of investment thesis’ have been built around PLI scheme and government infrastructure/railway projects
My question is, is it a good investment strategy to have companies taken because the thesis is – they would be beneficiaries of such PLI schemes? What happens if the subsidies stop or the subsidies proposed by government is actually not fulfilled by them?
And my other question is, what if the government changes in 2024? What happens to the railway or infra plays?
Are companies in stock market agnostic to government policies and government?
It might be my bias on social issues which freaks me out on the idea of change in government but if government changes will it impact India’s corporates as well?
As per my understanding, companies like HBL Power, Dixon, Greaves Cotton, PG Electroplast, Borosil Renewable to name a few fall under this category.
| Subscribe To Our Free Newsletter |
