Why Morgan Stanley's Ridham Desai Believes This Decade Belongs To India | BQ Prime

[@aceankit2009]

Ridham is an amazing speaker and his enthusiasm for India is infectious. He should definitely get more involved with the govt post his stint with MS. Need advisors like him who can see the big picture

[@rutvikrs]

I'd rather have his team. Oratory does not equal work. Shashi Tharoor is an example of this. Forgettable stints as MEA and HRD

[@cool3884]

This interview has completely changed my outlook on India. I’m bad at stock picking. But if India is going to grow that fast as Ridham sir has pointed out, I must park my surplus in index fund. +12% cagr for 10 years is a dream for me.

[@kedarisgreat]

Gupta ji you are very humble. You will definitely make at least 16% CAGR, if you follow some due diligence in your stock picks.

[@Lifexx369]

Hold your horses till 2023-24

[@cool3884]

@@Lifexx369 yeah. I too think so.

[@SG-vh3ti]

@@cool3884 toh pehele kaahe jhooth bola.

[@cool3884]

@@SG-vh3ti since I did not specify any time period. So humne jhooth nahi bola😄

[@xaviermurmu5607]

A great conversation. I came to know a lot of things about our future economy in brief. I really excited to know more. Thanks BQ.

[@rudramahadev22]

Modi is very important for Indian progress and so is his policies Farm laws back track is a huge loss so is the other roll backs made in past 7 yrs due to opposition stupidity along with their supporters who should be labelled as anti nationals because of serving their own personal interests over nation

[@manishgohel6153]

I 100% agree with you. Just for thr sake of politics and to impose modi government these few stupid politicians and their followers are in the between of a GREAT INDIA . So I would urge everyone to think smartly before voting who are with thr country and who are filling their bank account in Swiss. Also, I would like to highly appreciated bq, Neeraj and Ridham. What a report and agree with you.

[@anshul9462]

I am telling you all those growth now depends more on policies of states then centre. And if somehow UP, Bihar and MP with combined huge population of 40cr get their policies right to attract industrial investment Indian economy will shoot like rocket

[@sujathaviswanathan7210]

I don’t see Bihar doing anything worthwhile. They’re too caught up with caste politics. Bihar will continue to be like sub Saharan Africa in all aspects.

[@pratik6342]

@@sujathaviswanathan7210 But the Uttar Pradesh doing quite well or it seems

[@uzwalkumarchatterjee7074]

The one thing that needs to change is the outlook of people and sheer indiscipline in Indivifual life, which undermines the potentials at every tables, howsoever poor or rich we may be as a person. Huge scope!

[@shankerpai4617]

Ridham Desai. " India is on a solid path... ".... Paramvaibhav for India and the world.

[@samirkhairnar]

Always a pleasure to listen to Riddham !

[@ra3511]

Ridham will be right as he was in Jun 2017 "“If you remember between 2003-2007 Nifty earnings compounded at 39% and the index was up seven-fold, we expect earnings to compound by 20% in the next five years which could take the index towards 30,000. These are very modest estimates,” the report said quoting Morgan Stanley managing director Ridham Desai"

[@Lifexx369]

Recession seems to be on cards then..Buckle up..

[@whoami8247]

Lol and look at it now.. We just surpassed 60,000 even in this recession times🤣 soon it might go 70,000 , this was said by some companies

[@ra3511]

@@whoami8247 He was talking about Nifty

[@whoami8247]

@@ra3511 whatever everything is still increasing

[@ra3511]

@@whoami8247 Mate, my point was sarcastic. His claim was 5 years it will be 30000, it is at 18000 today

[@ghanshyamdhuware4227]

Few of the things are also echoed by saurabh mukherjea. Neeraj is the best as he allows his guest to speak not like others who impose their own thoughts on the speaker.

[@Vasu__Hyderabad]

Very good conversation and valuable discussion. One thing regarding Agriculture that was said at the end, may not happen and probably should not happen also. When "Industrialization of Agriculture" happens to feed 50% of the world using India's soil.., that will squeeze out all nutrition from our lands.. create a handful of multi-billionaires or help existing billionaires but not for uplift of common farmer. As we have seen in developed world, if the humanity goes after Growth and materialistic comforts , moving away from nature, environment, simple living the entire society will end up with diseases, stress, pollution, damaged environment and finally towards destruction. The best way is to have a balanced society living with nature and improve our human values, create a healthier society and move away western influenced so called development.! Thanks.

[@HsenagNarawseramap]

Have you lived in the developed world?

[@veerakumaraandi2801]

Mera Bharat mahan! God bless India ! God bless and give Indians sense and patriotism! God give Indians the realisation that a small deed of theirs is transformative enough to make India the super power! God make Indians believe that growth is here and in India! And God please come and slay the corrupt!

[@sathyendrababu7868]

Astounding... Happy to hear.. The last projection I heard was Ruchir sharma & Prannov toy.. Thanks to ridham dessi

[@kedarisgreat]

No matter how pessimistic you are … When you listen to leaders like Ridham Desai, you have to agree.

[@sps6]

everytime i need a bit of boosting on my belief in indian stock market...i listen to riddim desai...keep it going desai

[@adityamohan4757]

Fantastic interview! Thanks for sharing

[@ashimpathak5035]

Such a pleasure to listen to both of them.

[@diptendu3135]

It is nice to hear Ridham Desai. We are also optimistic about India's economy with him. He has correctly pointed out that if our farm sector can grow, villages will grow. For that proper law should come out with contract farming where big players can invest. Land owners should be compensated like land acquisition for Industry. One more thing i have to point out ,There should be endorsement of disease, Testing and medicine in arogya setu for individual, so that history will be captured and Trend of diseases in this country may be known. Also can give a direction.. we can also have data analysis from our UPI payment about the consumption patterns. .

[@parthparekh7471]

Thanks Neeraj for bringing him

[@anubhavmalik2988]

Ridham ek hi Tarah ki baat kerta hai har Jagah in all summits. But there is no doubt it's highly motivational

[@manh9105]

its correct isn't ? He has been bullish since 2014 and what he has said is true till date

[@kedarisgreat]

I came to India after three years recently. My observations are: Digitisation is better than many developed countries. People are spending. EVs, Superbikes, SUVs are a common sight. Infrastructure has grown leaps and bounds. Although inflation is high, salaries are catching up. People have several employment options in the form of MNCs who have set up bases in Tier 1 and Tier 2 cities. Our foreign policy is very strong and we are milking the Russian war to our advantage. There will always be imperfection, but I strongly believe that the Indian Elephant moves slow but keeps moving without getting tired.

[@ArijitMukhopadhyay]

Thank you for such candid conversation

[@rudys3649]

38:29 what was the need? Please don’t mainstream it unnecessarily.

[@katyarkhukri7003]

Stupid thing to say. Humans envision, create their own future with their own efforts. No God helps anyone who does not help himself.

[@yatrawitharpita95]

This interview is full of knowledge and It’s so uplifting to hear.

[@rekhaagarwal73]

Very knowledge filled interview

[@santhoshnetto2584]

Hats off to you BQ. You have hit the nail spot on. Knowing the need of the hour and the need to guide the citizen of the nation, about the dawning realization, that HE or SHE is slitting on the cusp of the 21st century, to be the change that everybody who counts, predict. Jai Hind.

[@ASTROMURTHY]

Delhi Durbar cannot rule at one stroke. The real backbone lies in regional political leaders and are rooting with the people of the regional aspirations. We must go like European Union so that development are indigenous. Now we are trapped like rat and frog tie ups. All developed countries are smaller than a state in India.

[@SG-vh3ti]

i think thats what they said about the last decade as well

[@whoami8247]

And it was good right? We are 5th in world right now

[@gurdeepsingh1403]

Thanks a lot Ridham ji,how you make it very easy to understand, really amazing, it's a very big issue but you made it very simple to understand.. thanks once again bro..

[@justuslopez7322]

I too learned a lot

[@vichuorganic]

Love to hear from Ridham Desai sir!

[@SatishKumar-yf4zp]

Regarding digital technology, adhar , digi locker, fast tag, e commerce, UPI payments e rupee, especially internet is common to every home/office now your mobile is purse /wallet , so what about protection of data ??

[@happi100singh]

What a music to our ears 😊

[@animanna2633]

and another one,we should really consider....."the -ve side of RESERVATION".....the talent impact on governance misses due to this.....although it in in govt sector

[@samsrini]

True bro..Major changes can happen only if reservations are lifted, lots of talent pool cam get into govt sector... Pls talk about it in the next episode atleast

[@bhilaibabu]

36:00 Consolidating farm. Not feasible with present small holdings of vast farmers. Jugar - indian farmers are pooling resources, like borrowing tractors, for example, for 10 or 25 farms. Maybe Amul model may work one day. Co-Op? @Ridham it’s a Q to you .

[@socks20112012]

Great interview Niraj ! extremely insightful.

[@pratik6342]

Where will I get the report??

[@pradeepkr5382]

Excellent forecasting for India...next Decade....

[@julioestol7088]

Appreciations from South America: 1) We wonder how India will manage 2 obvious restrictions: 1.1 Very high population density, probably suggesting massive emigration (¿to Russia?) 1.2 As subtropical country it has high exposure to climate change in particular increase of heat waves. 2) Most Indian nationals exhibit a persistent urge to leave behind what seems an inferiority complex. 1.1 It may relate to precedent 2 centuries of British domination. 1.2 With present GDP in PPP terms only behind China and USA, country should move ahead. 3) Major India issue seems need to improve relations with neighbouring powers.

[@whoami8247]

All of those things are changing! Every single one of those things has been a problem of india and the current govt has targeted these problems. You can safely bet on india till 2030..bcz after that you won't get a chance, bcz there will be many players already investing

[@Greenumbrella-2024_April]

This is the best exaggeration of something I've had in a long time. Though few things are true.

[@maninder2409]

If I would not be Indian and I hear this person for the first time I would feel that I should sell everything and leave the whole world and shift everything to India and invest completely. If only.

[@whoami8247]

Lol that is Morgan Stanley.. Have you heard of this company? 🤣 they are much more knowledgeable than you..

[@abhishekpjoshi]

Ridham Desai ... Rulaonge kya....thanks for sharing insight

[@Greygridsgraphics]

A farmer can sell his plot to anyone, but the buyer has to be a farmer according to differing state laws.. farmer certificate is thus maybe a barrier to permit newcomers in this field for undeclared commitments against estimated agri demands ... maybe a portal could declare commodity consumption demand and cultivation so farmlands can be occupied optionally on these decisive numbers...

[@rameshg2717]

Sounds too good to be true. World is shreaded and India will do better?? We have to export something to import the oil, if export gets affected, our energy gets affected and other things too. I want to believe the report to be true, but it's not that easy.

[@whoami8247]

Lol that guy obviously knows 100 times more than you🤣 just search what Morgan Stanley is..

[@Goghvinci]

Please share the link of the report. Thanks

[@PavanHebballi]

karnataka agri land owners can now sell to non agri buyers, upto 108 acres. Now is new India.

[@middleindiatradings5593]

Very delighted...some movements thrones come to my body.

[@VixAlpha]

Best salesman out there 😉

[@ajcoolguy17]

How does one get access to this Morgan Stanley report?? Any help would be much appreciated

[@pavanjakka0101]

where can we find the report mentioned in the video?

[@swamagic2525]

Don't think you will get it. Only available on pay basis or subscription.

[@prakashvaghela1970]

Where meet the full report of Ridham Desai ? Any one knows it's please ??

[@niladribanerjee2821]

What we missed as firm bill will haunt in future. I'm sure we ll apply the same bill in future but the delay will haunt us like many other things. We hardly do anything unless we are forced to do it.

[@adityasaurabh-exam3175]

Sorry for stereotyping Bengali, but coming of a sensible statement regarding economy from a Bengali is heartwarming. Lots of love. I believe at least BJP ruled states will covertly try to implement these bills sooner like within 4-5 years

[@niladribanerjee2821]

@@adityasaurabh-exam3175 All the linguistic groups here in India is stereotyped in one way or other. But if you don't find any sane bengali in economy then you need to revisit your research. In current government you can find most number of bengali in economic advisory group. If you check ceo or coos in Indian companies you will find many Bengali. Yes they might not be the boss because that position is mostly reserved by gujrati or Marwari 😄. You know the all noble laureate in economy from India is Bengali though their thoughts might not matched with today's India but it was necessary for wellfare states. So there are bengali everywhere from US to UK in economic field. Your view of bengali is just inspired by the results of votes in state and the vote results in India depends on lot many things other than economy.

[@adityasaurabh-exam3175]

@@niladribanerjee2821 Concept of a welfare state & redistribution of wealth is itself a racipe of economic disaster. India's pathetic economic condition is due to this only. The kind of economic solutions Amartya sen & Abhijeet Banerjee give are outrageous. Even they were also against current farm laws. Due to these stuff I don't consider them economist. Sometimes I feel Nobel prize has become some kind of western political tool. Coming to reserved position of Marwadi & Gujju for CEO/COO. I consider them as gifted of great business mind. Include Sindhis, Jain & few Khatris too. So obviously them will become CEO of business houses. Unfortunately I'm neither of them 😅 Nd in govt for economic policies, economic advisors, trade & commerce, even Finance minister- I found majority are from Southern part of India, particularly from Tamilnadu. Obviously few Bengalis are also there but so are other linguistic group. ONTH, I accept I have seen many Bengalis as rational one. But in general I've found a Bengali especially who is Women is often devoid of rationality & filled with self proclaimed intellectualism. I hope majority are not like them & hope I'm not right

[@whoami8247]

@@niladribanerjee2821 bengali get a bad name only bcz of tmc and those rohingya terrorists.. You ppl should really choose someone sensible

[@tarundewan2829]

Awesome talk

[@pavanc1985]

super interview!

[@DipevPatel]

where can we find this report?

[@georgemathewjose7325]

Worth the time. What an amazing mind.

[@rameshbvme]

How and where to read and understand % to GDP pls share

[@abhinavsingh2948]

Sorry to break the bubble but if INR keeps losing to USD at a higher rate than India's growth, are we going ahead or behind as compared to world's wealth?

[@maheshkarape7588]

Where we can get this report?

[@rahulphilip1]

Where can we get the report to read??

[@Learning1680]

Where can we read the report…is it behind paywall?

[@rivisidortholo7091]

I can not find the report on Morgan Stanley website, is it available for public? Regards.

[@rajdeepchelsea]

I don't think so, I searched for it multiple places but could not find the same.

[@rivisidortholo7091]

@@rajdeepchelsea thanks for your reply gentleman, I have been looking for it since the day Mr Desai is being interviewed regarding the same, had found just a snapshot of one of his piecharts on LinkedIn.

[@rajdeepchelsea]

@@rivisidortholo7091 I searched for it the day I saw his interview with Mr Anil Singhvi. Also observed that their website does not host detailed reports. Maybe these are not free ones.

[@nullprophet10]

Sounds to good to be true

[@amitatandon3356]

It’s so uplifting to hear this. Shame on the perennial naysayers

[@praj4862]

Ridham Bhai retail investor of India has invested a lot. Please do some work on FII. You need to convince them. Last 2 years we are flat in returns.

[@shankerpai4617]

पसरमवैभव... For India...

[@pawanyoutub]

Excellent

[@prsvermavermaprsverma3638]

Purely addicted knowledge

[@animanna2633]

the last thought is a big point to think Mr INDIA GOVT

[@millennialmind9507]

Thoda jyada ho gaya, without manufacturing there won't mass scale jobs,

[@whoami8247]

He took that into account, just look at what modi is doing for manufacturing. Make in India, gati shakti etc, just read more instead of hawabaazi

[@sindbadanant]

where we can read the report

[@sandipbhakta5378]

Where I can download the 127 pages report from ..sir please share the link 🙏 🙏

[@dinzakas]

Ridham Desai is very good

[@ASTROMURTHY]

Compulsory TDS to all commercial will bring auto tax revenue to government without extensive man power with AI Abolish all taxes to that of only one turnover tax with compulsory TDS without any reservation then the credibility is open. India will become World Trade Center.

[@ASTROMURTHY]

The compensation on land acquisition and promised benefits are flouted in future.

[@ssmmmss1]

Great 👍

[@roxymax8917]

1:03 He forgot to mention "no homo"

[@Om_Namah_Shivayaa]

And why do we care if Morgan Stanley's rishabh think this is Indias decade? I am a bharatiya too.. so just asking

[@vikalpchoudhary2966]

Y does he use Inshallah?

[@anubhavmalik2988]

Ha ha

[@samsrini]

at end of the session, I think he believes in all religious.. We ought respect it..

[@gaganmaheshwari8551]

Niraj shah Muslim hai

[@saumay1310]

Exactly same question, we keep on saying Jai Shri Ram then it is not secular

[@niladribanerjee2821]

I think he is Muslim of gujrat. For many many days I thought munaf patel is a hindu name😄. Whatever, if he is Muslim then it's not a issue.

[@cybertron50]

Audio is way off

[@ASTROMURTHY]

Abolish all taxes to that of turnover tax with out any reservation with compulsory TDS only The credibility is 100percent

[@sudarshanmandlecha5977]

E waste is big challenge for world

[@truecaller2302]

Too much hype ... blind sided people

[@whoami8247]

That guy has 100 times more knowledge than you. He is in Morgan Stanley

[@brainstormingsession9150]

They all talk about India's decade or India as a fifth largest economy but this is an exaggerated and overblown obsession. Reality is we have been growing like mushrooms and still one third of our population is living below poverty line. We have a system of reservation which will never let India cross the barrier of a developing nation to developed nation. Our rotten political system as a populist vote bank appeasement has been damaging the real fabric of democracy since independence. A considerable section of our media has lost its credibility of showing the real picture of events and actions. This we all know how they have become spokesperson of the government and abstain from showing the truth. How and why adani overhyped success has been linked with indian economy as an exposure of almost 2 lakhs crore falling over different banks. What if it fails ? NPA shoots up ? The rich poor gap is widening, middle class is struggling with inflation and government is busy with wantonly distributing freebies wherever it sees vote bank. We may surpass england as fifth largest economy but where we stand in per capita income. Its 143rd.

[@whoami8247]

Lol keep crying, while we will soon be 3rd in the world. China had these same problems, look at them now

[@brainstormingsession9150]

@@whoami8247 At least china has per capita income three times of ours on ppp basis. Its GDP too 3 times of ours.

[@whoami8247]

@@brainstormingsession9150 yeah no shit🤣 that's common logic, so when our gdp will increase, per capita too will.

[@maninder2409]

I am sorry but esigning documents is available in a lot of countries including legal things like rental documents etc, not to say that is not good to have that. There is progress but be a bit careful while claiming is a pioneering thing. Just like this there are other that are improvements but not really pathbreaking

[@manh9105]

looks like you came to the party very late...listen to Ridham of 2014-15. Every thing he said is true now

[@maninder2409]

@@manh9105 I am not saying there wont be markets soaring to new highs or improvements or business/economy expansion. You need to put it into perspective of the real world out there. Apart from IT service providing companies, saying that India is a global leader in any industry is just a marketing lie to sell your story to the people who are not aware of what the global reality is

[@whoami8247]

@@maninder2409 stop dilly-dallying over small things, makes you look like a fool. Look at larger context, people like him don't fuss about small things like you.

[@maninder2409]

@@whoami8247 If you would be an informed person I would indulge talking to you. You think is dilly-dally so be it. I cannot care enough to educate you better.

[@keungpang2176]

Every time India GDP rises. The Indian expectation goes sky high. 😅😅😅 Especially those people works for the media.

[@shankerpai4617]

Farm sector productivity

[@ASTROMURTHY]

India is continental not pan India.

[@praj4862]

Retail Investor be cautious. Ridham Sir had predicted Sensex at 1 lakh BY year 2021-22. JP Morgan overseas clients must be complaining about returns from Indian markets. So bhai Saab has come up with this new rant. Be careful with your investments the Equity markets are likely to give moderate return for next 2-3 years

[@thavamt1776]

World is facing severe crisis in terms of economy.... Now who will win this challenge will be known in 2024 only....until then we need to know hold our horses Anything can happen...

[@prakashrajput5332]

Wow

[@prasadag1]

33:15 - "you have to optimistic when you are in the equity market ".. being exeburent he is doing his job .. insn't it ?

[@ASTROMURTHY]

Manuel India is suicidal because India has many regional packets which really aspirations it should be decentralized oh he must farm system like a European Union for India so that progress With local aspirations.

[@shajinanu2459]

All good, but where is the actual social security man. It sucks.. Do not compare with USA, China, if you been there. These average theory is utter nonsense, unless the numbers are layered.

[@nipunprusty381]

Where can I read the report #BQPrime. Viewers can also give the inputs!

[@solomonbalogun6545]

Digitisation

[@padmanabhansivanandan5965]

9

[@rudramahadev22]

In shall lah said by host why😏

[@aalokaalok]

Inshaallah was not needed.

[@kurikingfinance]

dont tell me it is modi magic

[@solomonbalogun6545]

Decarbonisation

[@payaljoshi4001]

Until Govt punishes tax thieves there is no hope for India to set at bright position. People must be educated either through discussion or even through punishment

[@csax4056]

These BS thumbnails