There is a lot of poor people in India, but they have, along with China the fastest growing economy in the world. That’s what 1,45 billion people do for a country. Indians are poor, India isn’t.
There is a lot of poor people in India, but they have, along with China the fastest growing economy in the world. That’s what 1,45 billion people do for a country. Indians are poor, India isn’t.
The number of consumers in India who would choose Western products over local ones is... how many? That's my point. Their consumers don't have purchasing power to shop for US products.
To get in the top 5% of households in India, you need an annual income of just over $16,000 US.
$23,000 annual income will get you in the top 1% of Indian households. The average total net worth of a family in the TOP 1% is about $93,000. And Donald wonders why they're not all shopping at Macy's and Nordstrom?