The youth of India spends money they don't have to play status games.
Multiple people making <โน50k ($600)/mo in their 20s are buying
โ iPhone & other Apple products (on interest)
โ Coldplay / Dua Lipa concerts
โ trips to Thailand / Vietnam / Goa
Th
See More
Havish Gupta
Figuring Outย โขย 4m
That's why spending in USA is so high. India has a lot to grow in terms of per capita spending and earning
India is 5th largest economy in the world
But why India's Nomial per capita income Ranking stands at 136th place
What's the problem
2 replies5 likes
N K Yadav
INNOVATION , BUSINES...ย โขย 10m
India in coming 10-12 years-
- Size of economy - from $3.8 trillion to $10t
- Per capita income- from $2500 to $6000-7000
- Discretionary spending- from $500-600 to $3000
- Infra spending- from $200-250b to $650-700b
- Equity Investors- 5-6% to 15%.
0 replies4 likes
Mahendra Lochhab
Content creatorย โขย 8m
India's per capita paint consumption is only 3.8 liters, compared to a global average of 15 liters. That's a whopping 75% less! Plus, the price per liter in India is 61% lower than the global average.
Why all loss making companies will get profitable now?
Well this would happen when people's income would start increasing and they would start spending more.
But is this happening? Look Below
GDP Per Capita (source: google search result)
2012: $14
See More
9 replies7 likes
Nawal
ย โขย
SELFย โขย 11m
โผ๏ธ Why they even make such a weird comments on GDP , why not talk about per capita income ?
What's your views guys , how big Indian GDP can be ?
2 replies4 likes
Aryan patil
ย โขย
Monkey Adsย โขย 1y
Usa vs India: populace invest in stock market
Usa : 55% (18.33cr)
India : 3% (4.25cr)
We just need +10% = (18.42cr) and we'll be at the top #1 in terms of numbers...
8 replies8 likes
Vishu Bheda
Transforming vision ...ย โขย 11m
Why do you think guys that israel despite its small size ,has the highest number of startups per capita globally ?
Also ,israel is included in many wars and all the countries with which israel share border are israel enemies.