India is the world's second largest consumer of jewelry and the world's largest fabricator of silver jewelry. Gold jewelry is a significant part of Indian culture and religion, and is often purchased as an investment.
Why are most YC-backed startups successful and able to raise twice as much money compared to normal startups, except for the fact that YC is well-reputed?
India is the world's second largest producer of tobacco, after China. In 2020, India produced over 766,000 tonnes of tobacco, which was 9% of the world's total production.