Back
Karan Sahu
Learner|Earner|Keepe... • 1y
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.
Replies (4)
More like this
Recommendations from Medial
Paras Mandhani
Perpetually Intrigue... • 1y
Coming from a non-metropolitan city, I always felt there is a huge gap between startups targeting devloped cities and these untapped market. Only few known startups are able to penetrate in these market and able to perform. Rest of them , either did
See More
Download the medial app to read full posts, comements and news.