NEW DELHI, OCTOBER 2025 — YCP has released its newest white paper, “Unlocking Value Through Strategic Diversification: Insights from Indian Mid-Cap Firms.” The report examines 15 years of performance across India’s top 25 mid-cap companies, revealing why some diversification strategies created lasting enterprise value while others fell short.
Drawing on a longitudinal analysis of five sectors—chemicals, metals and mining, industrial machinery, food products, and pharmaceuticals—the white paper compares company growth against India’s GDP during three macroeconomic cycles (2010–2015, 2015–2020, 2020–2025). This approach reviews how timing, existing capabilities, and execution discipline determine whether diversification succeeds or fails.
“In a capital-disciplined, volatility-rich environment, the ability to decode when and where to diversify has become a source of competitive permanence,” said Pavan Madamsetty, Partner at YCP.
The white paper also introduces YCP’s proprietary EIS Trigger and SORIM Model frameworks, designed to guide players in identifying the right diversification opportunities, aligning moves with capabilities, and ensuring structured governance for repeated success.
- A rigorous comparison of mid cap firms’ market capitalization CAGR against India’s GDP growth, drawn from a representative sample of 25 firms.
- A look at the four dominant diversification plays – horizontal, vertical, concentric, and conglomerate.
- Case studies of successful diversification efforts, and lessons from companies that faltered.
- Real-world applications of YCP’s proprietary frameworks: the EIS Trigger Framework and SORIM Execution Model.
“In today’s world, where industries are redefined by rapid technological shifts, regulatory realignments, and changing customer expectations, diversification must evolve from a growth tactic to a strategic system,” added Madamsetty.
Developed by YCP’s strategy experts, this white paper provides actionable insights and case studies for professionals looking to understand diversification in India’s mid-cap landscape.
Download the full white paper here.
