"Indian consumer market remains value-conscious" - this is the most important point here. But 200rs per month too seems very expensive. I'm not sure how this will play out. Let's see. Hotstar has been killing it. They have the massive advantage of streaming live sports, especially IPL and other cricket matches. I think Netflix will become the next Apple in India. They gotta think like an Indian company and not as an…
I agree, I think the government guaranteed wage is only 100rs per day if doing roadwork or similar. (Not sure the correct term). I believe in the Kolkata superb area, many people with a bachelors or equivalent only make $60-80 usd a month. (4000-5500rs) Of course, there are many many many people who make much more. If I think of what it costs to eat out in the US, and what it costs to eat out in India... 200rs is pro…
As an X role in a company if you make 10k per month in India, then working for the same company as X in US, you will likely make 60k.
This is mostly based on salaries info that i have but it gives me a good yardstick for mental models. This also conveniently fits with exchange rate which fluctuates between 55 to 70 INR = 1 USD.
By this yardstick, throw pillow that would be $30 USD will be around $5 (Rs. 300) in India, subject to local revisions.
I mostly use this when I need to roughly calculate how much money I should take with me while traveling.