Videos

Experts & companies in this video Mugunthan Siva from India Avenue Investment Management highlights the ongoing volatility in US-India tariff negotiations, noting that reciprocal tariffs now stand at 25% with an additional 25% imposed for using Russian energy. Siva points to a significant shift in H-1B visa patterns, where Amazon has overtaken Indian IT companies as the top user. Despite 50% of visa holders being Indian nationals, he views that Indian IT companies have evolved to hiring locally and focusing on higher-value practice areas like AI and cybersecurity, limiting their reliance on visas. The latest visa fee increase from around $5,000 to $100,000 is expected to impact US tech firms more than their Indian counterparts. Siva observes that India is unlikely to bow to US pressure to stop importing Russian oil, highlighting that Europe and China import more Russian energy, yet face lower tariffs. Recent government measures such as GST rationalisation and increased income tax thresholds are seen as supportive policies. He notes that these tax changes began on 22 September and have already resulted in higher automobile sales, particularly in the two-wheeler segment. Click Here To Watch The Video

Key Points: Trump’s tariffs on Indian goods expected to minimally affect India’s GDP India continuing Russian oil imports Strategic pivot from India towards Asia, Europe, Middle East underway Bajaj Finance (NSE:BAJFINANCE) viewed favourably amid consumption growth US President Trump’s decision to impose an additional 25% tariff on Indian goods is set to create only limited direct economic disruption for India, according to Mugunthan Siva from India Avenue Investment Management. Siva sees the bulk of Indian exports—about $400 billion—having roughly 20% exposure to the US, or $85-$87 billion. The direct impact on India’s GDP is estimated at just 2%, with GDP forecasts only declining by 20 to 50 basis points. Siva states that India’s response remains focused on national interests, with the government adamant about continuing imports of Russian oil, despite being singled out relative to countries like China and Turkey. Siva highlights a greater strategic pivot from India towards Asia, Europe, and the Middle East, suggesting that forced US actions could prompt a more unified Asian economic bloc. Companies like Apple (NASDAQ:AAPL), which have shifted significant iPhone production from China to India, provide employment and sub-economies, but Siva flags a possible retreat by US firms operating in India if tensions intensify. Pharmaceuticals — a major Indian export sector — could also see US consumer prices rise if tariffs escalate. For investors, Siva points to opportunities in local consumption stories, especially non-bank financial companies. Bajaj Finance (NSE:BAJFINANCE) stands out among firms expected to benefit from the pivot towards domestic consumption and continued credit growth. Click Here To Watch The Video

India is now the world’s most populous country and one of its fastest-growing economies. In this episode, Magunthan Siva from India Avenue explains India’s massive demographic advantage, how digital infrastructure is transforming productivity, and why the case for active investing in India is so compelling. In this Australian Investors Podcast episode, your host Mitchell Sneddon discusses: – India’s demographic edge and economic growth – The digital transformation (Aadhaar, JAM Trinity) and infrastructure boom – The rise of local Indian investors and the impact of SIPs – Why active investing beats passive in India’s complex market. Topics Covered Investing in India: demographics, policy, and economic tailwinds. Physical and digital infrastructure transformation (JAM, Aadhaar, GST) Why India Avenue backs active investing over passive in India Final thoughts on managing risk and Mugunthan’s career journey https://www.youtube.com/watch?v=madNWkDwM7Y

A discussion on ausbiz with Mugunthan Siva and Andrew Geoghegan, about India’s positioning in an environment where global trade discussions dominate the headlines. Is its local demand driven economy, keeping it out of the limelight for now? Also, we discuss Mahindra & Mahindra, one of India’s most successful conglomerates, who is delving deeply into AI across its businesses – Automotive, Tractors, Technology and Financial Services. The company is an astute way to play the India story – and has delivered close to 4x in return since the pandemic. Click Here To Watch The Video

Key points: Mugunthan Siva talks US-India trade talks & $120bn UK deal. Positive Indian economic signs: low inflation, tax cuts, urban consumption rise. Optimistic tech sector outlook amid AI focus; India’s growth potential emphasised. Mugunthan Siva from India Avenue Investment shares that trade talks between the US and India are constructive, although timelines remain uncertain. Narendra Modi’s visit to the US and JD Vance’s trip to India highlight improving relations. India also strikes a $120 billion trade deal with the UK. Mugunthan notes that the Indian economy is showing positive signs, with inflation at a low point and potential cash rate reductions. Upcoming personal tax cuts and promising monsoon forecasts could boost urban consumption, benefiting the restaurant, banking, and non-bank financial sectors. In the tech sector, Mugunthan observes slowed deal activity and underperforming stocks. However, optimism grows for AI integration and digital platforms. As markets recover selectively, focus shifts to companies sustaining earnings growth. India’s economic message emphasises significant growth potential amid global challenges. Click Here To Watch The Video

Mugunthan Siva from India Avenue says that India’s trade with the US, currently at $90 billion, might see gains due to potential free trade agreements. Talks have been positive, with India potentially benefiting from less competition from China. Mugunthan suggests India may emerge strong by capturing more market share globally, particularly in sectors like pharmaceuticals and IT services. The country could become a low-cost producer amid shifting trade dynamics, with Apple increasing production there. On Australia-India trade relations, Mugunthan notes untapped potential, especially in agriculture, IT services, and education. With previous minimal trade, leaders have discussed expanding this relationship, offering growth opportunities for both nations. Click Here To Watch The Video

EM investment opportunities amidst disruption Kenneth Andrade from Old Bridge Capital Management and Mugunthan Siva from India Avenue Investment Management share insights on the emerging market opportunities in India. They observe a pullback in Indian equities, prompting a focus on sectors like pharmaceuticals, communications, and aviation. Kenneth notes India’s manufacturing capabilities are expanding beyond domestic needs, echoing past successes in IT and pharma. The upcoming expiration of drug patents, worth $465 billion, represents a significant opportunity for Indian pharma to disrupt the GLP-1 drug sector and biosimilars market. Click Here To Watch The Video

Emerging Markets India Avenue Investment Management’s Mugunthan Siva comments on India’s equity performance, noting its resilience amidst global markets. India’s reliance on local demand rather than exports positions it uniquely as global tariffs fluctuate. The central bank’s rate cuts may bolster the market as inflation stays controlled. Key export industries including pharmaceuticals and IT services face uncertainties due to US tariff considerations. While Indian pharmaceuticals benefit from temporary exemptions, the sector remains cautious, awaiting clarity. Click Here To Watch The Video