South Asia 100 crore Indians have no extra money to spend: Report

[Bilal9]

No, there is a massive hand-me-down economy going. At least big cities etc, we have a big "aap le jao if you have use for it"

AC/microwave/stoves/TV/speakers .. all given away to domestic help, good working condition proper ones.

Impossible to say how big the urban middil class really is but its big.

Bhai, food delivery guys with iPhones (even if not the latest greatest ones)

India is a consumption monster, rich buying fancy cars to now even urban poor with most of the trappings of modern life.. sabke ghar me TV, smartphone, ACs also but they cost electricity so not used much. lol

Wow!!

By the sounds of it, you guys are doing even better than China!

@Jiangnan brother - maybe you and I should consider moving to India...

 

[Jiangnan]

Wow!!

By the sounds of it, you guys are doing even better than China!

@Jiangnan brother - maybe you and I should consider moving to India...

The urbanization rate in India is about 36%.
But we assume that 1/2 of Indians have AC, microwave, stones, TV, speakers, etc. We won't talk about washing machines, refrigerators, computers, etc. here.

But how can Indians ensure the electricity supply for this' 700 million Indian middle class'?

 

[Sharma Ji]

Wow!!

By the sounds of it, you guys are doing even better than China!

@Jiangnan brother - maybe you and I should consider moving to India...

Urban centers ki baat I'm doing, and I spoke from lived experience.. its not a big deal, aaj kal sasta second hand and free give away bhot hota hai. A lot of domestic help like the cooking lady, cleaning lady, driver guy, chowkidaar etc etc.. homes full of appliances and all the new stuff, even if they live very low end not great areas and homes/rooms.

not a big deal, ask your irl Indian friends if they're in Delhi, Bombay, Pune, Banglore etc

 

[Lulldapull]

The urbanization rate in India is about 36%.
But we assume that 1/2 of Indians have AC, microwave, stones, TV, speakers, etc. We won't talk about washing machines, refrigerators, computers, etc. here.

But how can Indians ensure the electricity supply for this' 700 million Indian middle class'?

Its not 700 million bro, its 400 million max!

The remaining 1 billion are extremely poor.......but don't tell anyone.......keep it quiet.

 

[Bilal9]

The urbanization rate in India is about 36%.
But we assume that 1/2 of Indians have AC, microwave, stones, TV, speakers, etc. We won't talk about washing machines, refrigerators, computers, etc. here.

But how can Indians ensure the electricity supply for this' 700 million Indian middle class'?

Interestingly - the urbanization % and rate of it is even higher than India in Bangladesh. The annual growth rate of urbanization is approximately 3.12% as of 2023. This rapid urbanization has led to about 40% of the population now living in urban areas, a substantial increase from just 8% in 1972.

China's urbanization rate was approximately 67% by the end of 2024 and is projected to reach 75-80% by 2035. This rapid urbanization has been driven by economic reforms the extent of which is absent in India.

 

[Bilal9]

Its not 700 million bro, its 400 million max!

The remaining 1 billion are extremely poor.......but don't tell anyone.......keep it quiet.

Well too late for that - though incumbent Indian govt. is trying their level best.

I can understand why a large portion of the Indian population supports Modi - but ultimately, having Modi run India is bad for the Indian populace in the long term.

Having Indians (Hindus) unite under Muslim-hate was working for a while, but where does India go when Muslims move away and stop being a "threat".

What happens then? They will find other reasons (Caste, Color, Sect and especially - wealth) among Hindus themselves to fight each other.

Like I've been saying all along, India is bound to break apart sooner or later.

@Mainerik and @Dogun18 brothers what are your takes on this?

 

[Lulldapull]

Well too late for that - though incumbent Indian govt. is trying their level best.

I can understand why a large portion of the Indian population supports Modi - but ultimately, having Modi run India is bad for the Indian populace in the long term.

Having Indians (Hindus) unite under Muslim-hate was working for a while, but where does India go when Muslims move away and stop being a "threat".

What happens then? They will find other reasons (Caste, Color, Sect and especially - wealth) among Hindus themselves to fight each other.

Like I've been saying all along, Indian is bound to break apart sooner or later.

@Mainerik and @Dogun18 brothers what are your takes on this?

Hate/ extremism eventually undermines the society in which it is born. It has happened in many countries and nations just in the last century. And it ended up unraveling those nations.

Its generally the first sign of trouble.

 

[Bilal9]

Hate/ extremism eventually undermines the society in which it is born. It has happened in many countries and nations just in the last century. And it ended up unraveling those nations.

Its generally the first sign of trouble.

My words exactly. Before Mughals and their Muslim precursor rulers started ruling and unifying India as a subcontinent, it was highly fractured and wracked by territorial division, forming small fiefdoms and no cohesive or unified front to resist anyone or any foreign power.

This is the natural form of the collection of myriad small princely states we call India today.

If left mismanaged - it will find its way back to that exact state of affairs.

The fact that the RSS and BJP found Hindutva to be a unifying force for Hindus (by using Muslims as an artificial 'common enemy') is an aberration. Once that hype and propaganda disappears and Indians wise up, then it will be interesting to see what happens.

I find Mr. Kamra to be rather refreshing in this respect. Though I am unable to understand everything. I realize he made some comments about Bangladeshis. If someone provides a two sentence TLDR, that'd be great.