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To: HG who wrote (112896)2/10/2002 3:23:16 AM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
HG, that's now. But things can change quickly when there's political will. With an average GNP per capita of about US$200 or so in India, they are bone poor. It shows the cost of political mistakes [they kicked out the Poms but kept the bureaucracy and Karl Marx .... crazy people....]

Consider, China, Taiwan, South Korea, Singapore, Hong Kong, Ireland, Germany, Japan, as examples of rapid economic progress following political change.

Mq



To: HG who wrote (112896)2/10/2002 11:18:38 AM
From: sea_biscuit  Read Replies (3) | Respond to of 152472
 
You are right. Only a small section of the Indian populace can think of cellphones and other glitzy gadgets. Even those who have electricity and water connections have to worry about paying their bills. And that is a small fraction of the population. The vast majority of the people in the rural and even in the urban areas are more bothered about their next meal.

I find it laughable when people talk about a billion people in India and what if they all start consuming just one can of Coke every week. Such people should actually visit India to find out how idiotic their "calculations" are.



To: HG who wrote (112896)2/10/2002 11:44:41 AM
From: arun gera  Respond to of 152472
 
>>If I may butt in, not more than 20% of India would ever hope to qualify as potential mobile phones candidates.....
Even that figure is achieved by stretching it...wishful thinking....>>

20 percent is 200 million subscribers. Maybe it will take 10-15 years.

>I doubt if more than 5% of Indians currently have residential phone connections....>

The number is about 35 million or less than 4 percent.

>80% of the people live in rural India where, forget phones, even water and electricity is a luxury.>

Surprisingly, the growth rate for cellular subscribers this year has been higher in the rural areas than the Metros. There is a rural economy, which has its own communication needs.

>Of 20% urban population, a large percentage lives just at or below poverty line.>

Come on. In the larger cities, many seem poorer because of housing problems. In Mumbai metropolitan area, there are 15 million people. About half of them live in apartments, the rest in slums. The average apartment (2 bedroom apartment) in the Mumbai metropolitan area costs around $40,000. That is like $200,000 in the US if you adjust for incomes. Firmly middle class. The kind that reads a newspaper to work, watches MTV on cable, works in a factory or office, has a college degree.

There are 50 million scooters/motorcyles in India. Each of those buyers is a potential cellphone subscriber.