We must improve ease of business; Here’s what Indians have been spending on

07th Aug 2020

At JainMatrix Investments, we want to encourage India to get back on Track, so we are going to publish a series of articles and track stories in this space. Here we go, click LINKS:

  1. Must improve ease of business to be a mfg. hub: Industry captains– (ET) – 07th Aug 
  2. Here’s what Indians have been spending on during the pandemic – (ET) – 07th Aug 
  3. Redesign, rethink whole economy for success in post-Covid world – (ToI) – 05th Aug 
  4. Joblessness at pre-covid level as India unlocks more – (LiveMint) – 05th Aug
  5. Expect V-shaped recovery over next few months: Ridham Desai – (ET) – 30th July    
  6. A major change is shift in format: Panel on education – (ET) – 30th July 
  7. Hiring optimism grows as demand gathers pace – (LiveMint) – 20th July 
  8. IT may see surge in offshoring biz – (LiveMint) – 20th July
  9. The current wave of rail reforms is actually “historic” – (ET) – 17th July 
  10. Mapping India’s Post-Covid Capex Recovery – (BQ) – 17th July 
  11. View: Never a better time than now to build for India – (ET) – 13th July 
  12. India at the cusp of a huge explosion of demand: Panasonic CEO – (ET) – 13th July
  13. Record surge in sales of vacuum cleaners, dishwashers, DIY products – (ET) – 07th July 
  14. Labour shortage, factories go the extra mile to woo migrant workers – (ET) – 07th July 
  15. PMI, GST mop-up point to a pickup in economic activity – (LiveMint) – 02nd July 
  16. India Inc’s big bet on Bharat saving the day – (LiveMint) – 02nd July
  17. Green shoots in Bharat lead country’s economic revival – (LiveMint) – 30th June 
  18. Opinion | The onus is on us to conquer fear – (LiveMint) – 30th June 
  19. Not two years, 200 projects finished during lockdown: Railways – (ToI) – 29th June 
  20. Bankers in India are more productive working from home – (LiveMint) – 29th June 
  21. Global equity markets are likely to continue their up move – (BizStd) – 27th June
  22. Migration is reversing: Trains from UP, Bihar run full – (ToI) – 27th June 
  23. Indicators of economic recovery in India – (EcoTimes) – 24th June
  24. Get India fully back to business, says India Inc – (EcoTimes) – 24th June
  25. Post-crisis, increase integration with global economy – (EcoTimes) – 20th June
  26. Kharif planting rises 40% on strong monsoon start – (EcoTimes) – 20th June 
  27. Maruti Suzuki’s model can make India a global mobile mfg hub – (EcoTimes) – 18th June 
  28. Indian economy to recover very fast: HDFC Bank CEO – (EcoTimes) – 18th June 
  29. A COVID-19 workplace readiness tool for organisations – (IISC) – 17th June 
  30. It is time to be a little positive on financial space – (EcoTimes) – 17th June 
  31. Exports bounce back to last year’s levels in June – (EcoTimes) – 16th June 
  32. Unemployment rate declines sharply as India exits lockdown – (Livemint) – 16th June 
  33. Local trains, Mumbai’s lifeline, resumes services – (Livemint) – 15th June 
  34. Construction work restarts at over 100 projects in NCR – (EcoTimes) – 15th June 
  35. Govt urges use of bicycles, EVs to mitigate risks – (EcoTimes) – 13th June 
  36. Digital is the Key to Unlock this Disruption’ – (EcoTimes) – 13th June 
  37. ‘Put the money in Indian stocks, forget till 2025’ – (EcoTimes) – 12th June 
  38. Loans are getting cheaper, HDFC cuts lending rate – (EcoTimes) – 12th June
  39. View: Replacing China imports possible, even in EVs – (EcoTimes) – 11th June 
  40. ‘Time for Bold Investments, not conservative decisions’ – (Livemint) – 11th June 
  41. After steep falls, June exports show signs of improvement (EcoTimes) – 10th June 
  42. Partial lockdown lift gives work to 21 million; not salaried class (EcoTimes) – 10th June 
  43. Covid-19 is no plague or cancer; fear psychosis unnecessary (EcoTimes) – 09th June
  44. Import-intensive spending likely to feel the pinch – (EcoTimes) – 09th June 
  45. Getting growth back on track is non-negotiable: Uday Kotak (EcoTimes) – 08th June 
  46. Post Covid Opportunities – Global Work Force (Nasdaily) – 8th June
  47. Impetus To Realty Demand, But More Needs To Be Done (NDTV) – 06th June
  48. Collections improving, demand picking up in rural India (EcoTimes) – 06th June
  49. View: How to get Make-in-India to work this time (EcoTimes) – 05th June 
  50. Effects of Unlock 1.0 as new guidelines come into play – (IndianExpress) – 05th June 
  51. Cabinet approves amendment of Essential Commodities Act (Livemint) – 04th June 
  52. Goods movement pickup in May signals economic revival (Livemint) – 04th June 
  53. PM’s First Major Address On Economy After Unlock 1.0 (ndtv.com) – 03rd June 
  54. Five Indian states are leading in the recovery from lockdown – (EcoTimes) – 03rd June
  55. India’s 3-phase ‘Unlock’ Plan starts at last (ToI) – 1st June 
  56. Supply to improve post-unlock 1.0; demand pickup may be slower (Livemint) – 1st June 
  57. Over 1.65 lakh people traveled in 2,198 flights since Monday: Puri (Livemint) – 30th May 
  58. The global supply chain is being reconfigured, India can gain (EcoTimes) – 30th May
  59. Nearly 65,000 cured from COVID-19 in India, 42% recovery rate (Livemint) – 29th May 
  60. An India lockdown survey: The good, bad and the ugly (Eco Times) – 29th May 
  61. How is India doing against COVID19 in 3 graphs – 28th May
  62. Covid-19 proves the importance of telecom in India (Eco Times) – 28th May
  63. India runs on Rails: MORE TRAINS BASED ON DEMAND (Fin Expr.) – 27 May
  64. MY TAXI HAS VEHICLES WITH PPE KITS, CURTAINS (Eco Times) – 27th May
  65. COVID-19 Is Fast-Tracking Digital Transformation – 26th May 
  66. HOW DHARAVI IS TACKLING THE COVID INFECTION RATE – 26th May 
  67. AFTER 2 MONTHS, FLIGHTS ARE BACK – 25th May
  68. HOW INDIA INC. GOES BACK TO WORK, LEADERSPEAK (Eco Times) – 25th May
  69. A THIRD OF NSE MFG FIRMS BACK AT WORK (Eco Times) : 23rd May
  70. MAHINDRA FACTORY – COVID CARE READY – 23rd May
  71. We actually wrote about the need for a lockdown in Mar 2020 – CALL IN THE INDIAN ARMY TO HANDLE THIS EMERGENCY – 20th March

We have been tracking this infection since March when it came to India and we had to declare the lockdown.

Today, 2 months on, we are at a different phase in the economy. The first phase of lockdown and defense against this virus has been by and large successful in India. We did not have a massive early spike in cases. We did far better than Spain and Italy and USA  in the early phase. We have been able to set up Covid hospitals, track infection cases, close our borders and airports and more or less, slow initial infections. The statistics today is that we have 125,000 infections and 3,720 deaths from the infection. This is a very very small number for India’s population.

After the very strict lockdown 1.0, we have had lockdown 2.0, 3.0, 4.0 and now Unlock 1.0. The fact of the matter is that the economy has suffered immensely. Crores of people lost their jobs due to the lockdown. Many had to migrate back to their native places due to loss of wages. The economic losses are much more severe from the economic slowdown. Now that the infection is in control, we need to reverse our losses and regain the momentum. Even as we take sufficient precautions.

Both demand and supply were frozen, and it will take a massive effort from each of us for the economy to regain momentum. Its now time to open up our economy and as far as possible, get back to normal. We have to understand that this virus will not go away, it is we who have to adjust to it. Even as we maintain social distancing, and wear masks, and wash hands regularly, the important thing now is to dive back into business and some semblance of normalcy.

Regards,

Punit Jain

DISCLAIMER

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com.

Get Back on Track from Covid – India can be a global mobile mfg hub

18th June 2020

See latest link of campaign – https://jainmatrix.com/2020/06/13/india-gets-back-on-track-3/

At JainMatrix Investments, we want to encourage India to get back on Track, so we are going to publish a series of articles and track stories in this space. Here we go, click LINKS:

  1. Maruti Suzuki’s model can make India a global mobile mfg hub – (EcoTimes) – 18th June 
  2. Indian economy to recover very fast: HDFC Bank CEO – (EcoTimes) – 18th June 
  3. A COVID-19 workplace readiness tool for organisations – (IISC) – 17th June 
  4. It is time to be a little positive on financial space – (EcoTimes) – 17th June 
  5. Exports bounce back to last year’s levels in June – (EcoTimes) – 16th June 
  6. Unemployment rate declines sharply as India exits lockdown – (Livemint) – 16th June 
  7. Local trains, Mumbai’s lifeline, resumes services – (Livemint) – 15th June 
  8. Construction work restarts at over 100 projects in NCR – (EcoTimes) – 15th June 
  9. Govt urges use of bicycles, EVs to mitigate risks – (EcoTimes) – 13th June 
  10. Digital is the Key to Unlock this Disruption’ – (EcoTimes) – 13th June 
  11. ‘Put the money in Indian stocks, forget till 2025’ – (EcoTimes) – 12th June 
  12. Loans are getting cheaper, HDFC cuts lending rate – (EcoTimes) – 12th June
  13. View: Replacing China imports possible, even in EVs – (EcoTimes) – 11th June 
  14. ‘Time for Bold Investments, not conservative decisions’ – (Livemint) – 11th June 
  15. After steep falls, June exports show signs of improvement (EcoTimes) – 10th June 
  16. Partial lockdown lift gives work to 21 million; not salaried class (EcoTimes) – 10th June 
  17. Covid-19 is no plague or cancer; fear psychosis unnecessary (EcoTimes) – 09th June
  18. Import-intensive spending likely to feel the pinch – (EcoTimes) – 09th June 
  19. Getting growth back on track is non-negotiable: Uday Kotak (EcoTimes) – 08th June 
  20. Post Covid Opportunities – Global Work Force (Nasdaily) – 8th June
  21. Impetus To Realty Demand, But More Needs To Be Done (NDTV) – 06th June
  22. Collections improving, demand picking up in rural India (EcoTimes) – 06th June
  23. View: How to get Make-in-India to work this time (EcoTimes) – 05th June 
  24. Effects of Unlock 1.0 as new guidelines come into play – (IndianExpress) – 05th June 
  25. Cabinet approves amendment of Essential Commodities Act (Livemint) – 04th June 
  26. Goods movement pickup in May signals economic revival (Livemint) – 04th June 
  27. PM’s First Major Address On Economy After Unlock 1.0 (ndtv.com) – 03rd June 
  28. Five Indian states are leading in the recovery from lockdown – (EcoTimes) – 03rd June
  29. India’s 3-phase ‘Unlock’ Plan starts at last (ToI) – 1st June 
  30. Supply to improve post-unlock 1.0; demand pickup may be slower (Livemint) – 1st June 
  31. Over 1.65 lakh people traveled in 2,198 flights since Monday: Puri (Livemint) – 30th May 
  32. The global supply chain is being reconfigured, India can gain (EcoTimes) – 30th May
  33. Nearly 65,000 cured from COVID-19 in India, 42% recovery rate (Livemint) – 29th May 
  34. An India lockdown survey: The good, bad and the ugly (Eco Times) – 29th May 
  35. How is India doing against COVID19 in 3 graphs – 28th May
  36. Covid-19 proves the importance of telecom in India (Eco Times) – 28th May
  37. India runs on Rails: MORE TRAINS BASED ON DEMAND (Fin Expr.) – 27 May
  38. MY TAXI HAS VEHICLES WITH PPE KITS, CURTAINS (Eco Times) – 27th May
  39. COVID-19 Is Fast-Tracking Digital Transformation – 26th May 
  40. HOW DHARAVI IS TACKLING THE COVID INFECTION RATE – 26th May 
  41. AFTER 2 MONTHS, FLIGHTS ARE BACK – 25th May
  42. HOW INDIA INC. GOES BACK TO WORK, LEADERSPEAK (Eco Times) – 25th May
  43. A THIRD OF NSE MFG FIRMS BACK AT WORK (Eco Times) : 23rd May
  44. MAHINDRA FACTORY – COVID CARE READY – 23rd May
  45. We actually wrote about the need for a lockdown in Mar 2020 – CALL IN THE INDIAN ARMY TO HANDLE THIS EMERGENCY – 20th March

We have been tracking this infection since March when it came to India and we had to declare the lockdown.

Today, 2 months on, we are at a different phase in the economy. The first phase of lockdown and defense against this virus has been by and large successful in India. We did not have a massive early spike in cases. We did far better than Spain and Italy and USA  in the early phase. We have been able to set up Covid hospitals, track infection cases, close our borders and airports and more or less, slow initial infections. The statistics today is that we have 125,000 infections and 3,720 deaths from the infection. This is a very very small number for India’s population.

After the very strict lockdown 1.0, we have had lockdown 2.0, 3.0, 4.0 and now Unlock 1.0. The fact of the matter is that the economy has suffered immensely. Crores of people lost their jobs due to the lockdown. Many had to migrate back to their native places due to loss of wages. The economic losses are much more severe from the economic slowdown. Now that the infection is in control, we need to reverse our losses and regain the momentum. Even as we take sufficient precautions.

Both demand and supply were frozen, and it will take a massive effort from each of us for the economy to regain momentum. Its now time to open up our economy and as far as possible, get back to normal. We have to understand that this virus will not go away, it is we who have to adjust to it. Even as we maintain social distancing, and wear masks, and wash hands regularly, the important thing now is to dive back into business and some semblance of normalcy.

Regards,

Punit Jain

DISCLAIMER

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com.

Get Back on Track from Covid – Invest, or Take a Loan to Rebuild

12th June 2020

See latest link of campaign – https://jainmatrix.com/2020/06/13/india-gets-back-on-track-3/

At JainMatrix Investments, we want to encourage India to get back on Track, so we are going to publish a series of articles and track stories in this space. Here we go, click LINKS:

  1. ‘Put the money in Indian stocks, forget till 2025’ – (EcoTimes) – 12th June 
  2. Loans are getting cheaper, HDFC cuts lending rate – (EcoTimes) – 12th June
  3. View: Replacing China imports possible, even in EVs – (EcoTimes) – 11th June 
  4. ‘Time for Bold Investments, not conservative decisions’ – (Livemint) – 11th June 
  5. After steep falls, June exports show signs of improvement (EcoTimes) – 10th June 
  6. Partial lockdown lift gives work to 21 million; not salaried class (EcoTimes) – 10th June 
  7. Covid-19 is no plague or cancer; fear psychosis unnecessary (EcoTimes) – 09th June
  8. Import-intensive spending likely to feel the pinch – (EcoTimes) – 09th June 
  9. Getting growth back on track is non-negotiable: Uday Kotak (EcoTimes) – 08th June 
  10. Post Covid Opportunities – Global Work Force (Nasdaily) – 8th June
  11. Impetus To Realty Demand, But More Needs To Be Done (NDTV) – 06th June
  12. Collections improving, demand picking up in rural India (EcoTimes) – 06th June
  13. View: How to get Make-in-India to work this time (EcoTimes) – 05th June 
  14. Effects of Unlock 1.0 as new guidelines come into play – (IndianExpress) – 05th June 
  15. Cabinet approves amendment of Essential Commodities Act (Livemint) – 04th June 
  16. Goods movement pickup in May signals economic revival (Livemint) – 04th June 
  17. PM’s First Major Address On Economy After Unlock 1.0 (ndtv.com) – 03rd June 
  18. Five Indian states are leading in the recovery from lockdown – (EcoTimes) – 03rd June
  19. India’s 3-phase ‘Unlock’ Plan starts at last (ToI) – 1st June 
  20. Supply to improve post-unlock 1.0; demand pickup may be slower (Livemint) – 1st June 
  21. Over 1.65 lakh people traveled in 2,198 flights since Monday: Puri (Livemint) – 30th May 
  22. The global supply chain is being reconfigured, India can gain (EcoTimes) – 30th May
  23. Nearly 65,000 cured from COVID-19 in India, 42% recovery rate (Livemint) – 29th May 
  24. An India lockdown survey: The good, bad and the ugly (Eco Times) – 29th May 
  25. How is India doing against COVID19 in 3 graphs – 28th May
  26. Covid-19 proves the importance of telecom in India (Eco Times) – 28th May
  27. India runs on Rails: MORE TRAINS BASED ON DEMAND (Fin Expr.) – 27 May
  28. MY TAXI HAS VEHICLES WITH PPE KITS, CURTAINS (Eco Times) – 27th May
  29. COVID-19 Is Fast-Tracking Digital Transformation – 26th May 
  30. HOW DHARAVI IS TACKLING THE COVID INFECTION RATE – 26th May 
  31. AFTER 2 MONTHS, FLIGHTS ARE BACK – 25th May
  32. HOW INDIA INC. GOES BACK TO WORK, LEADERSPEAK (Eco Times) – 25th May
  33. A THIRD OF NSE MFG FIRMS BACK AT WORK (Eco Times) : 23rd May
  34. MAHINDRA FACTORY – COVID CARE READY – 23rd May
  35. We actually wrote about the need for a lockdown in Mar 2020 – CALL IN THE INDIAN ARMY TO HANDLE THIS EMERGENCY – 20th March

We have been tracking this infection since March when it came to India and we had to declare the lockdown.

Today, 2 months on, we are at a different phase in the economy. The first phase of lockdown and defense against this virus has been by and large successful in India. We did not have a massive early spike in cases. We did far better than Spain and Italy and USA  in the early phase. We have been able to set up Covid hospitals, track infection cases, close our borders and airports and more or less, slow initial infections. The statistics today is that we have 125,000 infections and 3,720 deaths from the infection. This is a very very small number for India’s population.

After the very strict lockdown 1.0, we have had lockdown 2.0, 3.0, 4.0 and now Unlock 1.0. The fact of the matter is that the economy has suffered immensely. Crores of people lost their jobs due to the lockdown. Many had to migrate back to their native places due to loss of wages. The economic losses are much more severe from the economic slowdown. Now that the infection is in control, we need to reverse our losses and regain the momentum. Even as we take sufficient precautions.

Both demand and supply were frozen, and it will take a massive effort from each of us for the economy to regain momentum. Its now time to open up our economy and as far as possible, get back to normal. We have to understand that this virus will not go away, it is we who have to adjust to it. Even as we maintain social distancing, and wear masks, and wash hands regularly, the important thing now is to dive back into business and some semblance of normalcy.

Regards,

Punit Jain

DISCLAIMER

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com.

India Gets Back on Track – Getting growth back is non-negotiable

08th June 2020

At JainMatrix Investments, we want to encourage India to get back on Track, so we are going to publish a series of articles and track stories in this space. Here we go, click LINKS:

  1. Getting growth back on track is non-negotiable: Uday Kotak (EcoTimes) – 08th June 
  2. Post Covid Opportunities – Global Work Force (Nasdaily) – 8th June
  3. Impetus To Realty Demand, But More Needs To Be Done (NDTV) – 06th June
  4. Collections improving, demand picking up in rural India (EcoTimes) – 06th June
  5. View: How to get Make-in-India to work this time (EcoTimes) – 05th June 
  6. Effects of Unlock 1.0 as new guidelines come into play – (IndianExpress) – 05th June 
  7. Cabinet approves amendment of Essential Commodities Act (Livemint) – 04th June 
  8. Goods movement pickup in May signals economic revival (Livemint) – 04th June 
  9. PM’s First Major Address On Economy After Unlock 1.0 (ndtv.com) – 03rd June 
  10. Five Indian states are leading in the recovery from lockdown – (EcoTimes) – 03rd June
  11. India’s 3-phase ‘Unlock’ Plan starts at last (ToI) – 1st June 
  12. Supply to improve post-unlock 1.0; demand pickup may be slower (Livemint) – 1st June 
  13. Over 1.65 lakh people traveled in 2,198 flights since Monday: Puri (Livemint) – 30th May 
  14. The global supply chain is being reconfigured, India can gain (EcoTimes) – 30th May
  15. Nearly 65,000 cured from COVID-19 in India, 42% recovery rate (Livemint) – 29th May 
  16. An India lockdown survey: The good, bad and the ugly (Eco Times) – 29th May 
  17. How is India doing against COVID19 in 3 graphs – 28th May
  18. Covid-19 proves the importance of telecom in India (Eco Times) – 28th May
  19. India runs on Rails: MORE TRAINS BASED ON DEMAND (Fin Expr.) – 27 May
  20. MY TAXI HAS VEHICLES WITH PPE KITS, CURTAINS (Eco Times) – 27th May
  21. COVID-19 Is Fast-Tracking Digital Transformation – 26th May 
  22. HOW DHARAVI IS TACKLING THE COVID INFECTION RATE – 26th May 
  23. AFTER 2 MONTHS, FLIGHTS ARE BACK – 25th May
  24. HOW INDIA INC. GOES BACK TO WORK, LEADERSPEAK (Eco Times) – 25th May
  25. A THIRD OF NSE MFG FIRMS BACK AT WORK (Eco Times) : 23rd May
  26. MAHINDRA FACTORY – COVID CARE READY – 23rd May
  27. We actually wrote about the need for a lockdown in Mar 2020 – CALL IN THE INDIAN ARMY TO HANDLE THIS EMERGENCY – 20th March

We have been tracking this infection since March when it came to India and we had to declare the lockdown.

Today, 2 months on, we are at a different phase in the economy. The first phase of lockdown and defense against this virus has been by and large successful in India. We did not have a massive early spike in cases. We did far better than Spain and Italy and USA  in the early phase. We have been able to set up Covid hospitals, track infection cases, close our borders and airports and more or less, slow initial infections. The statistics today is that we have 125,000 infections and 3,720 deaths from the infection. This is a very very small number for India’s population.

After the very strict lockdown 1.0, we have had lockdown 2.0, 3.0, 4.0 and now Unlock 1.0. The fact of the matter is that the economy has suffered immensely. Crores of people lost their jobs due to the lockdown. Many had to migrate back to their native places due to loss of wages. The economic losses are much more severe from the economic slowdown. Now that the infection is in control, we need to reverse our losses and regain the momentum. Even as we take sufficient precautions.

Both demand and supply were frozen, and it will take a massive effort from each of us for the economy to regain momentum. Its now time to open up our economy and as far as possible, get back to normal. We have to understand that this virus will not go away, it is we who have to adjust to it. Even as we maintain social distancing, and wear masks, and wash hands regularly, the important thing now is to dive back into business and some semblance of normalcy.

Regards,

Punit Jain

DISCLAIMER

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com.

How is India doing against COVID19 in 3 graphs

Its been 3 months since Covid infection hit India. I believe India has done well so far. But lets check out the facts using just 3 graphs in Logarithmic Scale. (click to expand image)

  1. India’s COVID-19 Curve, compared to other countries. (Source visualcapitalist.com)
  2. Total Coronavirus Cases in India (Source: worldometers.info)
  3. Total Coronavirus Deaths in India (Source: worldometers.info)

jainmatrix investments, India on Covid

Thoughts? Comments? Please share below.

Regards, Punit Jain

COVID 19 – India Gets Back on Track

See updated link – https://jainmatrix.com/2020/06/13/india-gets-back-on-track-3/

Updated 08th June 2020

We have been tracking this infection since March when it came to India and we had to declare the lockdown.

Today, 2 months on, we are at a different phase in the economy. The first phase of lockdown and defense against this virus has been by and large successful in India. We did not have a massive early spike in cases. We did far better than Spain and Italy and USA  in the early phase. We have been able to set up Covid hospitals, track infection cases, close our borders and airports and more or less, slow initial infections. The statistics today is that we have 125,000 infections and 3,720 deaths from the infection. This is a very very small number for India’s population.

After the very strict lockdown 1.0, we have had lockdown 2.0, 3.0, 4.0 and now Unlock 1.0. The fact of the matter is that the economy has suffered immensely. Crores of people lost their jobs due to the lockdown. Many had to migrate back to their native places due to loss of wages. The economic losses are much more severe from the economic slowdown. Now that the infection is in control, we need to reverse our losses and regain the momentum. Even as we take sufficient precautions.

Both demand and supply were frozen, and it will take a massive effort from each of us for the economy to regain momentum. Its now time to open up our economy and as far as possible, get back to normal. We have to understand that this virus will not go away, it is we who have to adjust to it. Even as we maintain social distancing, and wear masks, and wash hands regularly, the important thing now is to dive back into business and some semblance of normalcy.

At JainMatrix Investments, we want to encourage India to get back on Track, so we are going to publish a series of articles and track stories in this space. Here we go, click LINKS:

  1. Getting growth back on track is non-negotiable: Uday Kotak (EcoTimes) – 08th June 
  2. Post Covid Opportunities – Global Work Force (Nasdaily) – 8th June
  3. Impetus To Realty Demand, But More Needs To Be Done (NDTV) – 06th June
  4. Collections improving, demand picking up in rural India (EcoTimes) – 06th June
  5. View: How to get Make-in-India to work this time (EcoTimes) – 05th June 
  6. Effects of Unlock 1.0 as new guidelines come into play – (IndianExpress) – 05th June 
  7. Cabinet approves amendment of Essential Commodities Act (Livemint) – 04th June 
  8. Goods movement pickup in May signals economic revival (Livemint) – 04th June 
  9. PM’s First Major Address On Economy After Unlock 1.0 (ndtv.com) – 03rd June 
  10. Five Indian states are leading in the recovery from lockdown – (EcoTimes) – 03rd June
  11. India’s 3-phase ‘Unlock’ Plan starts at last (ToI) – 1st June 
  12. Supply to improve post-unlock 1.0; demand pickup may be slower (Livemint) – 1st June 
  13. Over 1.65 lakh people traveled in 2,198 flights since Monday: Puri (Livemint) – 30th May 
  14. The global supply chain is being reconfigured, India can gain (EcoTimes) – 30th May
  15. Nearly 65,000 cured from COVID-19 in India, 42% recovery rate (Livemint) – 29th May 
  16. An India lockdown survey: The good, bad and the ugly (Eco Times) – 29th May 
  17. How is India doing against COVID19 in 3 graphs – 28th May
  18. Covid-19 proves the importance of telecom in India (Eco Times) – 28th May
  19. India runs on Rails: MORE TRAINS BASED ON DEMAND (Fin Expr.) – 27 May
  20. MY TAXI HAS VEHICLES WITH PPE KITS, CURTAINS (Eco Times) – 27th May
  21. COVID-19 Is Fast-Tracking Digital Transformation – 26th May 
  22. HOW DHARAVI IS TACKLING THE COVID INFECTION RATE – 26th May 
  23. AFTER 2 MONTHS, FLIGHTS ARE BACK – 25th May
  24. HOW INDIA INC. GOES BACK TO WORK, LEADERSPEAK (Eco Times) – 25th May
  25. A THIRD OF NSE MFG FIRMS BACK AT WORK (Eco Times) : 23rd May
  26. MAHINDRA FACTORY – COVID CARE READY – 23rd May
  27. We actually wrote about the need for a lockdown in Mar 2020 – CALL IN THE INDIAN ARMY TO HANDLE THIS EMERGENCY – 20th March

Regards,

Punit Jain

DISCLAIMER

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com.

COVID 19 – Call in the Indian Army to Handle this Emergency

Dear Friends,

Let me start with the worst case scenario for India.

  • 60% of Indians get infected with Covid-19. Thats 78 crore people *
  • 5% of these are serious and need hospitalization. That’s 3.9 crore people. # We dont have so much healthcare capacity
  • 1% of the infected succumb to the infection. Thats 78 lakh people. #

However this is 2 months away from today, if it happens.

It is within our powers to prevent this from happening.

Even though the Indian govt. health dept. and administration is doing whatever it can to prevent this, it is grappling with several constraints:

  • Many people know Covid 19 by now, but they are not really changing behaviour to deal with it
  • The persons identified for isolation are not following orders and escaping / moving around freely, exposing others to the danger
  • At this stage the infection in India is at Stage 2 (local transmission – tracking and isolation of infected, contact tracing and isolation of potentials) and if not stopped, it moves to Stage 3 (community transmission – the virus is out of control and infects everyone who is not isolated) @
  • We also do not know the real number of infected people until we have sufficient Testing. My feeling is that people with symptoms are not being tested unless the govt. hospital doctor recommends this. And access to these doctors is not easy.

We suggest 2 solutions:

  • Call in the Indian Army with its 14 lakh highly trained people to inject discipline and boost Covid 19 administration in all states of India.
  • Start Testing for Covid 19 on a massive scale. All hospitals, private sector Diagnostic chains such as Dr Lal Pathlabs, Thyrocare, Metropolis Healthcare, etc may be allowed. I believe Health Ministry is enabling this, but can this be started today?

I’m hardly an expert on healthcare. But I understand compounding. The number of infected people are growing by compounding. I also understand probabilities. My estimate is that we now have a 50% probability of moving to Stage 3. Unless we do something about it NOW.

I also believe every country has the power to control this infection if it isolates itself and acts fast enough. South Korea, China, Japan, Hong Kong and Singapore moved fast and were able to flatten the Infection curve and stay in Stage 2. See fig 1.

jainmatrix investments

Fig 1 – Source John Hopkins Univ. India is not in this as it had just crossed 100 infections on 13th Mar.

We also saw that China was able to deal with Covid-19 over 2-3 months due to a very tough administration and hard measures, easier to do in a communist system. Here in India the administration does not have command and punitive powers. They are also not geared up to do this. The Indian Army needs to be deployed to do this.

The Indian Army needs to work with the Health ministry, govt. hospitals and local administration, to monitor the airport screening, contact tracing, isolation facilities and govt. hospitals. The Isolated and infected people logistics, people security and healthcare supply chains have to be supported and enforced.

We have to fight Covid 19 before it becomes a national calamity. Its better to over-react early and prevent the problem than to react late.

Stay safe and healthy,

Punit Jain

PS – this has nothing to do with investing. But it affects all of us. I write this not to alarm people (this is a known danger) but request an urgent solution to a visible problem.

  1. * Germany is in stage 3 and has projected that this proportion of its people may get infected
  2. # These are stats available from China and few other countries in public domain
  3. @ Eco Times Article on 18/03

DISCLAIMER

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com.