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by vijaybritto
2529 days ago
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"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 American company! |
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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 probably more equivalent $15-40 dollars in the US. For buying power.
Examples: Throw pillow that would be $30 USD, is 150rs, or 315rs at someplace like Anokhi.
Streetfood that would be ~$10 in the us is probably around 70rs ? But that’s even a hard comparison, as I’ve been able to snack for 20rs, but not a full meal.
A knife I bought to open coconuts, that isn’t pretty, but would probably be $25-$35 in the US, was 325rs, and I probably could have gotten it cheaper.