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Rajratan Global Wire: Part 2
What lies ahead!
Let us do some crystal ball gazing. What would be the future of automobile in India in the next 10 years?
Will Electric Vehicles conquer the space or will there be wide application of greener fuels like Ethanol or CNG or Hydrogen?
Very difficult to predict, right? Well, we are living in rapidly changing times and we will either see companies disrupting the sector or getting disrupted if they fail to adapt.
Remember the company ‘Eastman Kodak’? Yes, the same one that used to make cameras and photographic film products. Not anymore! Cameras are substituted by phones and hence the company sold its camera business. Apparently, it is now into the business of Pharma! This, according to Michael Porter is ‘Threat of Substitutes’.
‘Electric Vehicles’, ‘Ethanol’, ‘Hydrogen’ are all the buzz words and Mr. Nitin Gadkari, Minister for Road Transport & Highways is going all guns blazing promoting them all.
That’s where a company like Rajratan Global Wire comes as an all weather stock. I will…
