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Trends with Benefits #111: Creating Shareholder Value Amid India’s Digitization with Vellayan Subbiah

January 09, 2024

Listen Time 24:22 MIN

Learn from Vellayan Subbiah about running a successful business in India and how digitization and policy changes are impacting the business climate.

Would you travel for 50 hours in a truck to better understand your customer? Vellayan Subbiah, Chairman of Cholamandalam Finance, did just that to experience a day in the life of a worker on one of his customer’s trucks. Vellayan talks about the success of Chola Finance, which he attributes to a combination of technology and underwriting models from the West and on-ground execution. We discuss his philosophy toward shareholders and how the digitization of India is increasing efficiency in his business and the country overall. Vellayan explains the development of private equity in India and how he views India’s commitment to sustainability as a long-term trend.


Show Notes:

02:00 Vellayan’s day in the life of a customer

04:43 About Cholamandalam Finance

10:25 Philosophy toward shareholders

11:35 Policy changes in India

16:44 Private markets

20:44 Long-term trend

22:45 Trend or Fad

Trend or Fad

Listen for Vellayan’s take on electric vehicles, ChatGPT, cryptocurrency, and space tourism.

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IMPORTANT DISCLOSURES

Please note that Van Eck may offer investment products that invest in the asset class(es) discussed in this video.

The views and opinions expressed are those of the speaker and are current as of the video’s posting date, and are not necessarily those of VanEck or its employees. Video commentaries are general in nature and should not be construed as investment advice. References to specific securities and their issuers or sectors are for illustrative purposes only. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data.

Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Associates Corporation.

© 2024 Van Eck Associates Corporation.

666 Third Avenue, New York, NY 10017.

IMPORTANT DISCLOSURES

Please note that Van Eck may offer investment products that invest in the asset class(es) discussed in this video.

The views and opinions expressed are those of the speaker and are current as of the video’s posting date, and are not necessarily those of VanEck or its employees. Video commentaries are general in nature and should not be construed as investment advice. References to specific securities and their issuers or sectors are for illustrative purposes only. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data.

Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Associates Corporation.

© 2024 Van Eck Associates Corporation.

666 Third Avenue, New York, NY 10017.