That's because of India's huge population and large number of internet users. Just a guess but China's Ai consumption would be no lesser than India's.
0 replies1 like
More like this
Recommendations from Medial
Mahendra Lochhab
Content creator • 9m
As of early 2024, India had 751.5 million internet users, which is 52.4% of the country's population and ranks India second in the world for active internet users.
1 replies4 likes
Arcane
Hey, I'm on Medial • 11m
ONE INTERESTING OBSERVATION SERIES
DAY #3
Notice the big difference in GROSS FIXED CAPITAL FORMATION between India and China's GDP, which represents investment in things like infrastructure, property, and machinery. China dedicates a whopping 43% o
See More
6 replies6 likes
Armaan Nath
Startups | Product • 1y
Unfiltered thoughts (5/5)
There are 3 types of India:
India-1
~Population of 110 Mn
~Per capita income of $10k
~Buys from Flipkart, watch Netflix, drink Starbucks coffee
~Contributes to 40% of India GDP
~Fluent with English
~35Mn credit card users
One of the major issues we face in India is extremely high supply with very low demand.
This country holds 1/6th of global human population.
Currently 70% of India is under 30 making India GenZ-GenAlpha dominated, and 30% of the entire population
See More
0 replies9 likes
Dave walt
Hey I am on Medial • 1y
Mumbai has finally become Asia's billionaire hub overtaking Beijing. That's cool
But...
Still I remember... 1 % population holding 40% of India's wealth ...
India's wedding industry is estimated to have grown to $130 billion, second only to food and groceries in terms of consumption-Jeffries report
Is there any startups serving this sector?
