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What matters to HN readers is 10% of Indians own 52.9% of the wealth in India. http://www.livemint.com/2010/10/13203814/Distribution-of-wea...

So even though the country at large is poor, 130 million people could become your potential customers, spending on par with other wealthy nations in the west.




Crunch the numbers. According to your article, you have 130 million people with an average net worth of $18k.

In terms of income, the vast majority of those people have real income lower than the bottom 5% of Americans and nominal income even lower.

http://economix.blogs.nytimes.com/2011/01/31/the-haves-and-t...




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