• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Budget To Boost Consumption Sectors, Deekseek AI An Opportunity For Indian IT Firms

OMMCOM NEWS by OMMCOM NEWS
February 5, 2025
in Business

Bengaluru: The Union Budget will boost consumption sector and long-term policies are favourable for urban housing, insurance and defence-related industries, according to a new report.

The capex budget has risen 15 per cent CAGR in the past 10 years and the allocation until 2030 is likely to exceed $1.2 trillion, according to managers at smallcase, a leading provider of investment products and platforms for the Indian capital markets industry.

According to them, large capex investments are likely to be beneficial for banks and specialised infra NBFCs.

“While most of the consumption focused companies are overvalued but consumer finance companies are available at a more reasonable valuation,” the report maintained.

On DeepSeek AI, smallcase managers said it has expanded the market for IT, but near-term growth rates and valuations are a concern.

IT remains an interesting play, with DeepSeek catalysing an extraordinarily large TAM (total addressable market) for Indian IT services companies.

With the cost of training new AI models being brought down to 1/30th to 1/50th of the earlier paradigm, this makes it possible for small and mid-sized companies and startups to develop new models and launch numerous products based on AI in the next 2-10 years.

This enlarges the market for Indian IT services many fold. However, with some uncertainty on the near-term growth rates and valuations slightly high, IT remains potentially alpha-generating, said the report.

Meanwhile, EVs and other means of mobility could provide interesting opportunities. Another sector which could be interesting due to the tax benefits and the budget focus on the sector is Tourism, especially, religious tourism.

“Toy industry is a $400 billion global market, with significant manufacturing happening in China. The budget has allocated funds for the toy manufacturing industry, which could lead to significant growth in the next 10-15 years,” said Ambareesh Baliga, veteran market expert and smallcase manager.

At a macro level, “we need the economy to clock over 7.5-8 per cent for long-term growth of the market and currency,” he added.

(IANS)

Tags: CAGRUnion Budget
ShareTweetSendSharePinShareSend
Previous Post

Police Brutality In Pathanamthitta: Innocent Family Members Thrashed

Next Post

Priyanka Chopra’s Brother’s Wedding Ritual Starts With ‘Ganesh Puja’

Related Posts

Business

Indian Economy Poised To Remain Fastest-Growing One In FY26: SBI Report

May 31, 2025
Economy
Business

Strong GDP Growth Reinforces India’s Position As Fastest-Growing Major Economy

May 30, 2025
FM Sitharaman
Business

Centre Okays Additional Rs 81,735 Crore As Tax Devolution To States: FM Sitharaman

May 30, 2025
gross domestic product
Business

Govt Succeeds In Keeping Fiscal Deficit In Check At 4.8 Pc Of GDP For FY25

May 30, 2025
Adani Energy Solutions
Business

Adani Energy Solutions Bags Rs 1,660 Crore Transmission Project In Maharashtra

May 30, 2025
GDP Growth
Business

India Clocks 6.5 Pc GDP Growth In 2024-25, Q4 Growth Surges To 7.4 Pc

May 30, 2025
Next Post

Priyanka Chopra’s Brother’s Wedding Ritual Starts With ‘Ganesh Puja’

Narendra Modi

Maha Kumbh: PM Modi Takes Holy Dip At Sangam

Traffic Restrictions In Place For India-England ODI Ticket Sale

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.