Macro changes bring long-term investment opportunities: 4 stocks from irrigation pumps and allied sector
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7 months ago
While pumps and allied space might appear to be an area related only to the agriculture sector, but the fact is it is a sector which is at the intersection of agriculture, technology, and environmental management. The challenges of water scarcity, climate change, and growing global food demands. These three things are going to ensure that over the coming decades the policy makers, which in this case is the government, give direct or indirect support to this sector. Another reason why this sector will remain in the focus area, increasing farmers income has been one of the focus of the policy area of the government. Now for all those who believe that increasing farmer income can be achieved in just a few years, should remember that agriculture as an area comes with many risks, including the weather, soil of that particular area and many other factors. That is why it will happen, but over a period of time. That is why this is for long term investors.
Economic Times