So basically, the only reason to take a bet on QCom existing sustainably 10 years down the line, is believing that income inequality and unemployment will keep growing in India so that extremely cheap labour is always available to the QCom companies.
Which essentially means that you're taking a bet on Indian govt failing to address the economic challenges of India 2 and India 3. But growth in economic condition of India 2 is also key to growth of QCom (at some point growth from India 1 will get saturated).
It then becomes a catch-22 situation for QCom. Because if India2 improves economically, then they will also demand higher labour costs, making Qcom unsustainable. Users are already complaining a lot about delivery charges, surge fees, packaging cost etc.
So basically, the only reason to take a bet on QCom existing sustainably 10 years down the line, is believing that income inequality and unemployment will keep growing in India so that extremely cheap labour is always available to the QCom companies.
Which essentially means that you're taking a bet on Indian govt failing to address the economic challenges of India 2 and India 3. But growth in economic condition of India 2 is also key to growth of QCom (at some point growth from India 1 will get saturated).
It then becomes a catch-22 situation for QCom. Because if India2 improves economically, then they will also demand higher labour costs, making Qcom unsustainable. Users are already complaining a lot about delivery charges, surge fees, packaging cost etc.