Archive · 23 Sep 2025
Jefferies: India's Infrastructure to Drive Next Wealth Boom
Jefferies, a financial firm, believes India's next big money-making opportunity will be in building things like airports, hospitals, and homes, instead of just software.
This is because India is investing a lot in infrastructure.
They also think companies will move some factories out of China and into India.
This means more money will be invested in India, and it will become an important place for manufacturing.
India is likely to gain as China's access to western markets is narrowed.
Jefferies predicts a shift in India's wealth creation towards infrastructure.
Hard assets like airports and hospitals will be key drivers of growth.
The focus is on India's infrastructure development and rising consumption.
China-plus-one strategy is increasing manufacturing investment in India.
Private equity is shifting from China to India.
- Who
- Jefferies
- What
- Predicts a shift in India's wealth creation
- When
- Over the next decade
- Where
- India
- Why
- Due to infrastructure investment and global supply chain changes
Old Economic Model
New Economic Model
Main Wealth Generator
Old Economic Model
IT and outsourcing
New Economic Model
Infrastructure and hard assets
- Focus Shift
- Wealth creation is shifting from services to 'hard assets'
- Key Assets
- Airports, ports, hospitals, homes, hotels, real estate, renewables
- Investment Thesis
- Infrastructure upgrade, hard assets, consumption through travel and tourism
- China-plus-one Strategy
- Indian companies acquiring manufacturing firms abroad.
- PE Reallocation
- Sharp shift in private equity from China to India
