The youth of India spends money they don't have to play status games.
Multiple people making <₹50k ($600)/mo in their 20s are buying
— iPhone & other Apple products (on interest)
— Coldplay / Dua Lipa concerts
— trips to Thailand / Vietnam / Goa
Th
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Havish Gupta
Stealth • 1d
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
Stealth • 6m
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
Stealth • 4m
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 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
•
Monkey Ads • 7m
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...
😡 See this , USA arrested one more indian businessman for exporting items indirectly to Russia .
Meanwhile - They are earning billions from war , seriously we should boycott USA in every posible way
0 replies4 likes
Mr Z
Stealth • 7m
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.
4 replies7 likes
Sahil Saurav
Stealth • 3m
I want to establish a business in which I am act like a dealer who sell toadstool(mushroom) from india to USA.
The benifit is clearly visible like in india its rate is Rs 90 per kg but in USA it's rate is Rs 420 per kg. Clear benifit of Rs. 330