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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (50325)5/23/2004 10:59:21 PM
From: arun gera  Read Replies (1) of 74559
 
> and there is NO Internet connection even in 5-star hotels in New Deli.>

Incorrect. Most 5 stars have internet conections. In any case, there are cybercafes all around.

In cities, AC is considered a necessity for upper middle class. Say about 3-5 million households overall. Also in many private companies, restaurants, and movie halls.

Oil consumption components:

- scooters and motor cycles (about 50 million)
- Cars ( about 10 million)

Chinese are buying 5 million cars per year (about 30 percent of cars sold in US)
Indians are buying 1 million cars per year.

-Arun
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