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submitted 11 months ago by ChippiChappa@ani.social to c/world@quokk.au

India is home to 1.4 billion people but around a billion lack money to spend on any discretionary goods or services, a new report estimates.

The country's consuming class, effectively the potential market for start-ups or business owners, is only about as big as Mexico, 130-140 million people, according to the report from Blume Ventures, a venture capital firm.

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[-] Evil_Shrubbery@lemm.ee 2 points 11 months ago* (last edited 11 months ago)

While pointing to some obvious issues, this metric is very much from the financial aspect pov.

this post was submitted on 01 Mar 2025
66 points (97.1% liked)

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