Insight #1 – Indian software developers are likely to flourish after the ban on Chinese apps Following clashes in the India-Chinese border, the Indian government has started to ban Chinese apps such as TikTok, WeChat, PUGB, Taobao and Bigo. This reminds me of China in 2009, when the Chinese government started to block citizens from accessing foreign websites. Local app developers are likely to flourish in this new environment. Tencent, NetEase, Weibo, etc would probably not be where they are today without China’s heavy censorship of foreign apps and websites. So I think we might be on the cusp of a boom in local Indian software development. Since the ban on Chinese apps came into effect, local alternatives have reported strong user activity. These apps include Mitron, Chingari, Bolo Indiya, Roposo, Chingari, Trell, Sharechat, etc. While I can’t think of any listed stock that will benefit, this localization trend could go on for decades.