India: Underpenetrated Sector to Watch

India’s economic growth is fundamentally domestic, with over 60% of GDP driven by consumption. This isn’t just a statistic, it’s a structural feature of the economy that will continue to power expansion for years to come.

With a median age of 29 and a labor force exceeding 500 million, India’s consumer market is primed for long-term growth. As household incomes rise and consumer behaviors evolve, the opportunity for businesses aligned with this transformation becomes increasingly compelling.

Chikara stands out in how it captures this trend. Rather than broad exposure, their strategy focuses on high-revenue-growth companies with strong balance sheets, emphasizing category penetration as a key metric. As GDP per capita increases, certain categories experience exponential adoption, and Chikara positions its fund where this growth curve is steepest.