Indian Food, Beverage & Tobacco Defensive Blue Chips

ASM International

Market Cap: €20.7b

Engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.

Markel Group

Market Cap: US$24.2b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Veolia Environnement

Market Cap: €20.5b

Designs and provides water, waste, and energy management solutions.

STERIS

Market Cap: US$24.2b

Provides infection prevention products and services worldwide.

Regions Financial

Market Cap: US$24.1b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

Dollar General

Market Cap: US$24.1b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Cincinnati Financial

Market Cap: US$24.0b

Provides property casualty insurance products in the United States.

Huaneng Lancang River Hydropower

Market Cap: CN¥170.3b

Engages in the development, construction, operation, and management of hydropower projects.

STMicroelectronics

Market Cap: €20.2b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Labcorp Holdings

Market Cap: US$23.2b

Provides laboratory services.

Sigma Healthcare

Market Cap: AU$35.0b

Operates as a pharmaceutical wholesaler, distributor, and pharmacy franchisor in Australia and internationally.

Capitec Bank Holdings

Market Cap: R401.3b

Through its subsidiaries, provides various banking products and services in South Africa.

OmniVision Integrated Circuits Group

Market Cap: CN¥163.4b

OmniVision Integrated Circuits Group, Inc.

Telenor

Market Cap: NOK 228.7b

Operates as a telecommunication company worldwide.

Standard Bank Group

Market Cap: R399.1b

Provides financial products and services in South Africa and internationally.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س85.4b

Provides private health and ancillary services.

Resona Holdings

Market Cap: JP¥3.4t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

Shinhan Financial Group

Market Cap: ₩31.3t

Provides financial products and services in South Korea and internationally.

Citizens Financial Group

Market Cap: US$22.3b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Woolworths Group

Market Cap: AU$33.9b

Operates retail stores in Australia and New Zealand.

Banco do Brasil

Market Cap: R$119.6b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Coloplast

Market Cap: DKK 140.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

First Solar

Market Cap: US$22.0b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Eastroc Beverage(Group)

Market Cap: CN¥156.0b

Engages in the research and development, production, and sales of beverages in China.

Associated British Foods

Market Cap: UK£15.9b

Operates as a diversified food, ingredients, and retail company worldwide.

BNP Paribas Fortis

Market Cap: €18.3b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ78.8b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Gulf Development

Market Cap: ฿676.0b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Banco BPM

Market Cap: €17.9b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

CLP Holdings

Market Cap: HK$163.3b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Zimmer Biomet Holdings

Market Cap: US$20.9b

Operates as a medical technology company worldwide.

Coles Group

Market Cap: AU$31.8b

Operates as a retailer in Australia.

Renesas Electronics

Market Cap: JP¥3.1t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

KeyCorp

Market Cap: US$20.8b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫545.6t

Provides banking products and services in Vietnam.

Credicorp

Market Cap: US$20.7b

Provides various financial, insurance, and health services and products in Peru and internationally.