2min chapter

HSBC Global Viewpoint: Banking and Markets cover image

Under the Banyan Tree – Unpacking India's vast consumer sector

HSBC Global Viewpoint: Banking and Markets

CHAPTER

The Different Types of Consumers in India

Two thirds of all consumers are in rural areas. So outside of the cities, it must be very difficult to reach them. Some companies have fairly unique solutions to distribute their products across India. The cost to serve is very high, but they still can't be ignored because they are future consumer.

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