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What matters to HN readers is 10% of Indians own 52.9% of the wealth in India. http://www.livemint.com/2010/10/13203814/Distribution-of-wealth-of-nati.html http
by harichinnan 15y ago
What matters to HN readers is 10% of Indians own 52.9% of the wealth in India. http://www.livemint.com/2010/10/13203814/Distribution-of-wealth-of-nati.html http://www.livemint.com/2010/10/13203814/Distribution-of-wea...
So even though the country at large is poor, 130 million people could become your potential customers, spending on par with other wealthy nations in the west.
- yummyfajitas 15y agoCrunch the numbers. According to your article, you have 130 million people with an average net worth of $18k. In terms of income, the vast majority of those people have real income lower than the bottom 5% of Americans and nominal income even lower. http://economix.blogs.nytimes.com/2011/01/31/the-haves-and-the-have-nots/ http://economix.blogs.nytimes.com/2011/01/31/the-haves-and-t...