For me proximity to location matters alot. I dont trust remote investments like buying land in some city I have no connection with. I cannot monitor it nor can i do anything if someone encroaches on it.

India is a developing economy

But what is being developed?

Infrastructure and consumer mindset

We want better roads, better hospitals, better ports, better housing, and as well as better things to consume.

In consumer goods we want to move beyond the bare necessities.

We wanna buy better things and we wanna buy things we can show off so that we can say, “Hey, we are out of the poverty state.”

Better things means just somehow they are nicer. We might move from Parle G to good day.

Things we can show off mean instead of buying an unbranded bag from a depot, you might use Sky Bags or something like that.

Plus, this has a huge momentum behind it, billion people strong momentum.

So where should we invest?

Invest in mid level consumer goods, land and stakes in facilitators of infrastructure development.

A portfolio capturing the consumer intent via investment in multiple consumer conglomerates, land in an area you are personally present in and can obviously see growth and obvious facilitators of infrastructure development like brick makers, cement manufacturers, plywood companies, tile makers, etc.

This can be either in the form of investing in public companies or investing in private ones, if you have the means, or even starting something little of your own.

Of course, each one of them has its own risk. Land being the most fickle one because political changes or social dynamics can render a piece of land very vulnerable, borderline being useless and undevelopable or unsellable.

Land is a concentrated bet of capital on something that in a grand scheme of things, a single pinpoint on Earth. There is the more familiarity and confidence you have about that point, the better. The better future prospects and better enforcement of law, the safer your investment.