Ramesh Damani is “extraordinarily bullish” on the DPI theme

Ramesh Damani says he is “extraordinarily bullish” on the DPI theme. India has become a digital country & built world-class digital infra (PAN, KYC, ONDC etc). “It is a long-term story. Market caps do not reflect the opportunity”. He holds 1% of Protean e-Gov worth ₹82 Cr

“One theme that I have been extraordinarily bullish upon is this what we call digital public infrastructure theme. India has become a digital country. We have almost leapfrogged the generation of bad, poor infrastructure by building a world-class digital infrastructure. A lot of companies are now participating in this, whether it is tax identification services, PAN services, ONDC services, or many of those phases. Then, there are maybe half a dozen companies that benefit from this infrastructure play out. So, I would first suggest that investors look at this not necessarily from a six-month or one-year or two-year horizon, but from a five-ten-year horizon. It is a long-term story and the market caps do not reflect the opportunity that we see in digital public infrastructure,” Ramesh Damani said.