4 ms·
> India: you have bigger problems than the efficient milking of the population - you need to feed the cow first. Absolutely disagree. Some data-points in this
by erbdex 10y ago
> India: you have bigger problems than the efficient milking of the population - you need to feed the cow first.
Absolutely disagree. Some data-points in this regard:
- Rural FMCG share is already greater than Urban.
- While rural markets grew by 16%, urban did 12%.
- For many like Dabur India, 50 per cent of their domestic sales comes from rural markets.
> No India is not going to beat China economically, nor will Africa.
I wonder why you'd think that monetisation via Internet is the only thing that adds value to a society. In developing nations, Internet trickles democracy down like nothing else. The kind of equality and voice that the Internet gives, is especially required for people who don't have a high SEC category.
Another important pillar of long term economic growth to a nation is- productivity growth. Internet inclusion drives that.
http://www.ibef.org/industry/indian-rural-market.aspx http://www.ibef.org/industry/indian-rural-market.aspx
http://www.business-standard.com/article/companies/with-urban-recovery-miles-away-companies-keep-their-rural-bets-for-now-115051000470_1.html http://www.business-standard.com/article/companies/with-urba...
http://www.business-standard.com/article/companies/fmcg-firms-brace-for-new-rural-reality-114010801871_1.html http://www.business-standard.com/article/companies/fmcg-firm...