ONE INTERESTING OBSERVATION SERIES
DAY #20
India's childcare product spending is still in its early stages.
In 2023, it was only around โน9,280-9,350 per child. But that's expected to grow 14% every year from 2023 to 2028 - way faster than mature m
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Anonymous 1
Hey I am on Medialย โขย 9m
India's current spend per child (โน9,280-9,350) is much lower than other countries shown. This indicates the market is still in its early stages, which means less competition and more opportunities for innovation or brand play.
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As tarrif on India is lower than China, Bangaladesh, Vietnam, India's textile stocks are on rise . A big opportunity to those companies. Now just play smart ..... India's clothes are now going to be cheaper than these countries ๐ฅ
ONE INTERESTING OBSERVATION SERIES
DAY #20
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In 2023, it was only around โน9,280-9,350 per child. But that's expected to grow 14% every year from 2023 to 2028 - way faster than mature m
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Why does quick commerce succeed in India but struggle in the USA and other Western countries?
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Does India Have the Capability? Does India Have a Market as Strong as the USA or Other Countries? Probably Not.
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Everyone thought FERRERO ROCHER would FAIL to sell โน300 Rs chocolate in India where the most expensive chocolate cost โน25.
In 2004, India's GDP per Capita was $624. (โน52,000 as per today's US-INR rates)
What's worse is that as per NITI Aayog, in