Index : 1,588 | 1Yr : -10.54% | 1Mo : -0.04%
Category : Current Trends
Min Investment : 22,721
In a country where two-thirds of the population is employed in Agriculture and when about 80% of total annual rainfalls are via monsoon rains. It is no surprise that the farmers in India depend on it for irrigation. Good rains means good harvests & vice versa. To a large extent it determines the economic output, income and consumption of rural India. Although the rain gods are still important, the development of different sectors has reduced the adverse impact of poor monsoons over the years. However, bumper crops usually encourage people to spend money in areas that improve their efficiency or upgrade their lifestyles.
This theme consists of well managed companies that are most likely to benefit from the result of good monsoons.