EQ Saturday Sapience #99
Equity Intelligence 28th December 2024
India's beauty boom and contract manufacturers: A love-hate story?, India is fast becoming one of the key markets for Apple iPhones, Massive debate over H-1b visas started when Trump appointed Sriram Krishnan, a former Twitter exec and Andreessen Horowitz partner, to be a senior AI policy advisor and several Tech trends that will influence 2025.
- A contract manufacturer who works with this D2C company, corroborates how the founders, contrary to their claims, willingly compromise on quality by pushing manufacturers to use low-grade ingredients and packaging. “They are not concerned about producing high-quality products for consumers,” he rues, requesting not to be quoted. This is the underbelly of India’s booming beauty industry which quietly, from the sidelines, has transformed the inner workings of the business and fuelled the D2C boom. As per industry estimates, there are 650 to 700 contract manufacturers in India’s beauty and personal care industry. Grand View Research projects that the personal care contract manufacturing market in India will expand to $1.4 billion by 2030 from $0.7 billion currently… Read more
- India is set to become Apple's third-largest market by 2026, with significant growth in iPhone sales driven by easier financing, festival discounts, and a move towards premium products. Apple's Indian market is expanding while its share in China is shrinking due to Huawei's resurgence… Read more
- The debates over high-skilled immigration, Indian immigration specifically, and programs like H-1b are closely related — increasingly so, in fact. Most H-1b workers are Indian, and Indians make up a plurality of foreign-born STEM workers. Indian workers have become far more important than Chinese workers to America’s strategic high-tech industries… Read more
- Tech That Will Change Your Life in 2025... Weather forecasts will get smarter, EVs could get pricier, crypto will be for everyday investors and AI will be everywhere… Read more
- “Part of what you must learn is how to handle mistakes and new facts that change the odds. Life, in part, is like a poker game, wherein you have to learn to quit sometimes when holding a much–loved hand.” —Charlie Munger
