Synopsis
Big wealth creation does not happen in already well-discovered, well-researched sectors. It happens in sectors that are not in the news, not much talked-about on the street. Sectors where macro changes are taking place in the overall demand β and that demand is being met. In the last few years, both due to policy pushes and changes in the underlying nature of the business, more money is being spent on increasing agricultural productivity. One part of the effort has been focused on better utilization of water. That is where companies involved in the irrigation process have seen a gradual increase in demand. But anything to do with agriculture is slow and gradual. So, these stocks are suited for long-term investors.
When everyone is looking for short-term opportunities, macro sectoral trends tend to get ignored. Trends that could have a long-term positive impact on the bottomlines of companies in the sector. Pumps and allied spaces may appear to be related only to the agriculture sector, but they are actually at the intersection of agriculture, technology, and environmental management. The challenges of water scarcity, climate change, and growing global
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