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The district in India where my grandmother was from was the poorest in that state, and one of the poorest in India overall. In the span of the past 20 years (on
by fakedang 5y ago
The district in India where my grandmother was from was the poorest in that state, and one of the poorest in India overall. In the span of the past 20 years (one generational transition), that district has transformed into one of the more affluent districts in the state, as well as the biggest car market in the country, especially for luxury cars such as BMW, Mercedes, Jeep and Range Rover.
And also 0.1% of Indians or Africans is still 1 million potential customers or 300k cars sold potentially. Or $15B each market. So yeah, it makes sense to pay attention to the third world too.