I think there is a growing gap between the purchasing power of people in Tier 2 cities (especially among young people) and the activities available in these cities. Startups need to penetrate this gap effectively. You can see a lot of new franchises opening in these cities. I want to see this trend grow so much that every opportunity turns into a business model, from small chai kiosks to retail clothing stores to offline tuitions. This is possible with the advent of AI and 5G but largely depends on a strong government to ensure that the purchasing power of people continuously increases through sustainable policies.
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