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India Consuming Class ఆకులో అరటిపండు (Compared To China) అంటున్న WSJ


andhra_jp

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It reports that only about 25 million to 30 million households own a car. Some 30 million homes, according to Blume, have wired broadband. Among all U.S. households in 2021, 90% had a broadband internet subscription.

At the higher end, India’s market nearly vanishes. According to Mercedes Benz’s 2023 annual report, it sold about 737,000 cars in China and 298,000 in the U.S. In the 2023-24 financial year, it reportedly sold some 18,000 in India. For BMW the Indian market is less than 2% of the Chinese. India houses nearly one-sixth of the world’s population but reportedly accounts for roughly 4.4% of Netflix’s 270 million paid subscribers.

According to Blume, only 22 million Indians paid income tax last year. Of them 4.5 million—or 0.3% of the population—accounted for 80% of collected income taxes. By contrast, the top 1% of Americans in 2021 paid 45.8% of total income taxes.

Blume reports that groceries accounted for three-quarters of retail spending in India in 2022, compared with 40% in China and 30% in the U.S. Most Indians lack the disposable income to buy most consumer goods, let alone invest in the stock market. The roughly 40 million Indians invested in mutual funds, according to Blume, represent less than 3% of the country’s population. More than 800 million Indians are entitled to free grains from the government every month, and as many as 900 million have received direct cash benefits in the past decade.

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  • andhra_jp changed the title to India Consuming Class ఆకులో అరటిపండు (Compared To China) అంటున్న WSJ
3 hours ago, andhra_jp said:

It reports that only about 25 million to 30 million households own a car. Some 30 million homes, according to Blume, have wired broadband. Among all U.S. households in 2021, 90% had a broadband internet subscription.

At the higher end, India’s market nearly vanishes. According to Mercedes Benz’s 2023 annual report, it sold about 737,000 cars in China and 298,000 in the U.S. In the 2023-24 financial year, it reportedly sold some 18,000 in India. For BMW the Indian market is less than 2% of the Chinese. India houses nearly one-sixth of the world’s population but reportedly accounts for roughly 4.4% of Netflix’s 270 million paid subscribers.

According to Blume, only 22 million Indians paid income tax last year. Of them 4.5 million—or 0.3% of the population—accounted for 80% of collected income taxes. By contrast, the top 1% of Americans in 2021 paid 45.8% of total income taxes.

Blume reports that groceries accounted for three-quarters of retail spending in India in 2022, compared with 40% in China and 30% in the U.S. Most Indians lack the disposable income to buy most consumer goods, let alone invest in the stock market. The roughly 40 million Indians invested in mutual funds, according to Blume, represent less than 3% of the country’s population. More than 800 million Indians are entitled to free grains from the government every month, and as many as 900 million have received direct cash benefits in the past decade.

This is an opinion written by some X person which came in WSJ. Not an actual WSJ item. 

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8 minutes ago, verrigadu said:

Mana Logical brain yeppudu baaga work avuthundhi kaani Yesu Reddy/ CBN lo maatram work avvadhu yendhuku bro?

Psyco CBN is a curse to united AP.

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1 hour ago, psycontr said:

Psyco CBN is a curse to united AP.

Yerikala Pedda YS RajaSekhar kooda curse ye mari...

2004 elections lo TRS ki life ichindhi ee Yerikala gaade...adhi kooda cheppu.

 

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1 hour ago, verrigadu said:

According to Phalki Sharma of FirstPost India already defeated China and USA. Europe is not even in the race to compare with India.

 

Stopped watching this అంటి . The channel now like all other YouTube bloggers addressing analyzing 2nd hand news. 

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1 minute ago, Hitman said:

Stopped watching this అంటి . The channel now like all other YouTube bloggers addressing analyzing 2nd hand news. 

even thats not a big problem.

The biggest danger the channel and Phulaki are posing to India is that they are trying to immerse the Youth with lies and pushing with Agenda that

India is the only country thats best fit to live. Else where Islam is taking is taking over EU and UK,

China's real estate crashing, China economy declining, China average age is plummeting,

USA is doing (some how) well just because they paired up with India on technology & Finance, in fact there is no USA without India

Germany is gone, Britain is punished because they looted India, Pakistan is begging (in fact its true but how does it help Indian grads seeking jobs), 

Europe is ageing and is on decline (already)

Russia & Putin are simply surviving because of their friendship with India,

Canada is now a Khalistani Nation

India is a Chip design Powerhouse already and now China is scared because India started fabrication of chips. Not sure where Nvidia, TSMC, ST Micro, ASML, ASM International, Infineon, ARM are in this field.

 

 

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2 hours ago, verrigadu said:

Mana Logical brain yeppudu baaga work avuthundhi kaani Yesu Reddy/ CBN lo maatram work avvadhu yendhuku bro?

Compulsion caste/religion 

1 hour ago, psycontr said:

Psyco CBN is a curse to united AP.

Agreed along with fried pavuram family as well

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3 hours ago, verrigadu said:

According to Phalki Sharma of FirstPost India already defeated China and USA. Europe is not even in the race to compare with India.

 

Inko logic as per palki sharma : Mana desam super power , elaga antey ? Chinkie desam lo chala problems unnaye 

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1 hour ago, verrigadu said:

even thats not a big problem.

The biggest danger the channel and Phulaki are posing to India is that they are trying to immerse the Youth with lies and pushing with Agenda that

 

Complete pro ruling party batch. 24 hours bhajana . Covid time lo okkatey aruchindi, cut chestey aa desani evaru ami cheyaledhu 

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Netflix , broadband , Merc market batti economy deciding aa eppudu? 

There are lots more consumer products where Indians beat us comfortably and may be next to China.. even broadband Kuda..

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7 minutes ago, jalsa01 said:

Netflix , broadband , Merc market batti economy deciding aa eppudu? 

There are lots more consumer products where Indians beat us comfortably and may be next to China.. even broadband Kuda..

Bro thats what they are telling. The market for India is not as big as they thought. The products they use are inferior quality local made ones. Even the local manufacturing market survives on Chinese raw products. Exmple: The Strongest industry for India after IT is Pharma and even that one cannot survive without Chinese API (Pharma terminology).

 

 

2 hours ago, pizzaaddict said:

Complete pro ruling party batch. 24 hours bhajana . Covid time lo okkatey aruchindi, cut chestey aa desani evaru ami cheyaledhu 

Maree too much asalu...Video kanna aa kindha comments maree too much. Asalu inkoka third opinion tho sambandham leedhu.. just everyone is in sync. Some of them even claim India is racially superior. .. of course most of them are North Indian Brahmins as far as I can understand from their names.

2 hours ago, pizzaaddict said:

Inko logic as per palki sharma : Mana desam super power , elaga antey ? Chinkie desam lo chala problems unnaye 

When you can't defeat the Might, hope and wait until it collapses. Anthe gaani manam kooda Mighty position ki vellaali ane motivation kooda leedhu veella daggara..

 

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