Investing in the stock market in the long runs involves identifying the multi-baggers. People who have invested in internet companies in the ’90s should have made a fortune for themselves. They made a fortune because they have identified the growing sectors and took a call at the right time.
When Microsoft has debuted in the stock markets for just 15 cents a share if people have invested a considerable amount in the company, they will be now enjoying the returns from the fast-growing company of that period. The stock has given multiple times returns to the investors.
It is important not just to identify and book profits in the short term. but you have to identify the sectors which have the huge potential to grow in future enough to give you a fortune.
when you are investing for a long period of time, choosing the sectors which have high potential to grow. The below-mentioned sectors are the 5 fast growth sectors in India in the coming future. With the internet has already reached almost all major parts and is still spreading its wings to each and every corner of the country, the following sectors will grow multiple times and are to be classified as the fast growth sectors for future.
Fast growth sectors
Healthcare and Pharma
With the increasing reach of internet availability and also the reducing competitive pricing of the service provider is making it easy for millions to use the internet for all the needs. Even the not so educated person in the corners of the country can now open the browser and find what he is looking for without much help from others.
With this increasing number of people using the Internet, Ecommerce will prove to be a Fast growth sector in the country in the coming future. With major players like Amazon and Flipkart already delivering the products to every corner of the country making use of the Technology enabled delivery services, it has become easy for all to order products from online.
Now new players like Reliance Jio retail with investment and technology support from Facebook-owned WhatsApp will be looking to capture this major portion of the eCommerce industry. With these new players, the sector is sure going to see tremendous growth in the future.
With life becoming busier and busier, individuals prefer the easy to order everything from online. It cannot be a surprise when you have one startup for each type of product you wanted o buy online. We are already half way through that growth. With separate companies for ordering Vegetables and separate startups to order Meat and other few companies to order Milk, there is a lot of new companies which are entering to capture this ever-growing sector.
Hence the ecommerce is the top fast growth sector in India in the coming future and may prove to be a multi-bagger in the coming decade.
Healthcare and Pharma
The next comes in the list of fast-growing sectors in India is Healthcare and Pharma. Covid19 pandemic has taught us with no doubt the importance of the health care industry. The entire economy has crumbled during the pandemic and almost all the industries have suffered huge loses. And many companies have gone bankrupt which previously thought to be a good profit-making company.
But one sector stood out of the crowd. It is the pharma and healthcare sector. At this difficult times, it is the pharma stock that has seen a major rally and also because of the vaccines the revenues of the companies are sure to increase in the coming days. Whatever growth we achieve in the future and whatever new technology we may create, one thing is most necessary for all of us which is the good health and the growing importance of vaccines.
With each day passing a new type of disease is found. Amond these some are found to be deadly and some normal. but for each of them, it is the pharma industry that manufactures the vaccines.
Hence in the coming days with the increasing damage to the environment, the new disease may be discovered and the pharma industry will surely be going to grow. And not only that, with lives becoming busier, people are giving less importance to their health. Because of these, the health problems in the people are increasing year by year. This all will contribute to the growth of the sector.
Healthcare and Pharma thus may be a potential fast growth sector for the future.
Education is compulsory for all people across all parts of the world. But the face of education has changed completely during the pandemic.
Before pandemic, we surely know some of the online Ed-tech platforms and read news about their growth. But we never expected that they will be a boom because of such a pandemic.
Before some years I expected the future of ed-tech is very promising but it takes some time for this sector to be accepted by all regions and groups of people. usually, some time is needed for people to adopt this new online education type thing.
But pandemic changed everything. Online education has become a buzz word including online exams. The entire world all the colleges and school immediately started to move their classes to online and the Ed-Tech industry out of now came to the forefront. No one expected such acceptance by the people across the world for online education and Ed-tech platforms.
Now the platforms have already been accepted by many people across the parts of the globe, it is easy for these sectors to grow in the coming decade. Many Ed-Tech Startups have published that their user base have almost doubled and they never expected this kind of growth.
The Ed-Tech is going to be one of the Fast growth sectors in the time ahead and may prove to be a multi-bagger
Infrastructure requirement for a country like India is with no doubt a top most priority. With government allotting many crores of rupees to infrastructure development across different regions of the country.
With new project announcements coming every now and then from the government, the infrastructure sector will be a fast growth sector in the coming years.
Many major projects will keep coming as these are the source of Employment and also the indication of the growth of a county. More spending will be done in this sector both by government and also some private investments.
Now everything is becoming a fintech. once upon a time It is the Internet that is changing the times and the future. now it is the FinTech that is changing how we use different things.
Right from the start of the day to the time we go to sleep and gain wake up, 24 hours of our life is some way or the other Fintech have added value and made many things easy and simpler.
With more and more internet reach to all the parts of the country and more and more innovation coming in the fintech sector will keep on growing.
Fintech will be a fast growth sector for future. the growth will be going to be tremendous.
Fast Growth Sectors Bottom Line
Identifying the fast growth sectors is not an easy as you might things. In the 90s lots during the Dotcom era, many new companies started to establish and among these only a few companies able to stay afloat and these turned to be a multi-baggers and few such companies are Google, Yahoo, Youtube and others.
If you are able to spot those few ones, then you are on the path to multiplying your finances. It is always the fundamental and the business plan that helps you in that regard.