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by appreneur 4268 days ago
As we more westernised in our outlook, bigbillionday is something similar to "Black Friday" and deep discount on single day ....might do more for overall internet penetration....currently only 25% of Indians have access to Internet, which stands at 243 million , if this crosses to 340 million, That's a huge market growth of Internet users ...this will in the long term benefit everybody.....perhaps remove poverty of more than 500 million Indians.
2 comments

Indeed, getting Indians to move from buying gold for no good reason to buying garbage for no good reason = progress to first world status.
I am just making point of "explosive growth of internet" might be the beneficiary ....in the process we might become more westernised...I don't mind that as long as it can remove poverty of 500 million Indians.....more than 200 million people live in abject poverty( poorest of the poor)...Internet penetration is known to uplift most people out of abject poverty...wish more Indians are online ...and the world will come and invest big billions...imagine both Europe+Usa = india market size..it's possible...but it takes effort and discipline..
".....perhaps remove poverty of more than 500 million Indians."

It sounds so easy when you put it like that. Thank you :)

Yes it's the antidote for our poorest of the poor 200 million Indians...hope internet penetration removes that many Indians out of poverty...it's possible and most likely solution.