@kb_snn
Hope you don’t mind me sharing this image.
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We saw what happened today.
It is tricky dealing w govts and long term contracts increase the risk even more.
These are not private entities who you can fight on equal footing in the court of law. Its fighting the referee.
The Buses order is frought w risks. Risks that could be easy to forget in the recent run up.
- Govt contract + for a decade if im not mistaken.
- Chinese enterprise, which is also looking to grow its presence
- TATAs and their connections
- The Free Schemes being ran for winning elections impacting Budgets
- Owning Cars as a status symbol
- Building of hyper connected metros (you rarely need to use buses in cities like Delhi anymore).
there might be more, please be cautious.
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