I am reposting this comment, which was inexplicably marked [dead] within seconds of being posted, even though it is a brand new account with no comment or submission history at all. burnermore 2 minutes ago [dead] | parent | context | unvouch | favorite | on: India: A billion people have no real money to spen... Indians who have huge spending potential are in huge numbers. They are just leaving India. High skilled In…
India: A billion people have no real money to spend, says report
31–40 of 54 posts
Re: India: A billion people have no real money to spend, says report
#32Earlier quoted context omitted.
With such low pay to compete with, it's ideal for startups.
Most graduates in this country needs to be trained from scratch for any serious programming work, due to how horrible the education system is. So it's not worth for the startups.
Re: India: A billion people have no real money to spend, says report
#33I am reposting this comment, which was inexplicably marked [dead] within seconds of being posted, even though it is a brand new account with no comment or submission history at all. burnermore 2 minutes ago [dead] | parent | context | unvouch | favorite | on: India: A billion people have no real money to spen... Indians who have huge spending potential are in huge numbers. They are just leaving India. High skilled In…
Re: India: A billion people have no real money to spend, says report
#34all that can be traced back to the British colonization and exploitation of India's wealth and resources. At least now, folks don't die of hunger.
I blame the absolutist institutions more than colonization.
Re: India: A billion people have no real money to spend, says report
#35One of the ways this is very evident is when you look at entry level software dev salaries at the giant IT sweatshops (Infosys, TCS, Wipro etc). 2010: ₹325k a year (equivalent to then $7000 per year) 2025: ₹350k a year (equivalent to now $4000 per year) Even disregarding the global earning parity, that's only a rise of 10% over 15 years when inflation has risen by 100% in the same period. This is even more egregious…
With such low pay to compete with, it's ideal for startups.
Re: India: A billion people have no real money to spend, says report
#36all that can be traced back to the British colonization and exploitation of India's wealth and resources. At least now, folks don't die of hunger.
Re: India: A billion people have no real money to spend, says report
#37Indians are more like minimaliss. My bro makes good money but never bought a home. I used my previous laptop for 12y. Being not like Americans is a feature
Re: India: A billion people have no real money to spend, says report
#38Oh this is BBC hmm? lets get political this time. Over the past 11 years since the current government took charge people in India have been demanding a ton of changes :D. Before 2014 the Congress party ran the show for decades and I firmly believe they trashed our culture values and economy with their clueless vision for the future. But in the last 11 years Ive seen real progress with my own eyes better roads upgrade…
Re: India: A billion people have no real money to spend, says report
#39I am reposting this comment, which was inexplicably marked [dead] within seconds of being posted, even though it is a brand new account with no comment or submission history at all. burnermore 2 minutes ago [dead] | parent | context | unvouch | favorite | on: India: A billion people have no real money to spen... Indians who have huge spending potential are in huge numbers. They are just leaving India. High skilled In…
Thank you. I updated the comment. I donno if you can see. Can I do something if my comment was not adhering to any guidelines?
If comments from newcomers are no longer allowed on HN, the hidden censors should speak up now to explicitly say so. Silent censorship is the harbinger of public debate's death.
Re: India: A billion people have no real money to spend, says report
#40I am reposting this comment, which was inexplicably marked [dead] within seconds of being posted, even though it is a brand new account with no comment or submission history at all. burnermore 2 minutes ago [dead] | parent | context | unvouch | favorite | on: India: A billion people have no real money to spen... Indians who have huge spending potential are in huge numbers. They are just leaving India. High skilled In…
As for low quality products, well it's just catering to the price point of the Indian consumer. The number of people in India willing to pay $10 for 50 grams of Assam is so low that it's not even worth putting out such a product in the market. Indians are also notoriously price-sensitive.