Snapshots That Wow!

I scream!

At 1.6 litres per person per year, our ice cream consumption is just a small fraction of per capita ice cream sales in New Zealand- 28.4 litres!

Assuming all they ate was the humble but oh so perfect! Vanilla by Amul- that would be a whopping 62000 calories consumed in ice cream per year per person. That is over 30 full days of calorie intake dedicated to just icecream!

Source: SOIC

Making the 90’s hit sing again- Made in India!

“From Make in India to "Making in India" - India is emerging as the biggest beneficiary of supply chain relocation by many global giants.”

Source: Ionic Wealth

Private members’ clubs- WFH beneficiary?

Post the pandemic, having witnessed a rise in the work from home/ freelance/ I am a full-time investor culture- there is a rise in the number of private members clubs (visible even in Bombay) in NYC. A place to network, work, workout, with a curated set of peers. One of the larger PMCs- Soho House is now a billion dollar+ co.

Source: BoF analysis

Yeh badal garajta hai aur barasta bhi hai!

“$SAP is currently the largest company in Europe by market cap.

The German ERP giant has seen a significant shift in its revenue stream, from software licenses to cloud. In just five years, cloud revenue has grown from a quarter to half of SAP's total revenue.”

Source: Quartr

Where the reds have fought red tapism

“Vietnam is rapidly restructuring its government, halving the number of provinces and cities, eliminating an entire layer of government, and laying off at least 20% of civil servants by 2030. The goal is to streamline bureaucracy, reduce corruption, and boost economic growth, aiming for 8% in 2025 and at least 10% thereafter. It is the most ambitious restructuring of the country since the Doi Moi reforms advocated in 1986. To Lam was quoted by local media that "the size of the economy in 2023 is 96 times that of 1986."

Source: Asia Nikkei

Importing inflation

The average price increase for the top 100 beauty and health care products on Shein (Chinese e-commerce retailer) is 51%. For home, kitchen and toy products, the average increase is 30% with one set of kitchen towels increasing 377%.”

Source: Bloomberg