Forecasted to match up with China to have similar auto markets by 2030, has a clear indication on the growth that Indians will witness shortly. If you wonder what will change...in terms of auto market...the movement would be from buying small cars to big cars..the sedans! indicating that Indians by 2020 will spend an average of $15,000 per vehicle, which currently is around $8,000 only....
Does that mean that Indian generation will be richer than now...
Well, my say...the money would remain the same but the choices would be numerous and hence price for service and goods would be less.The big change is here to come...interestingly we have succumbed to change silently and hence things are not that drastic. We have matched the pace with rapid adaption of behaviors...from reading pink papers to pink tabs, shopping online via mobile, attending universities to elearning, outsourcing options for everything to anything...
I cant comment on the GDP...but the dream run will continue...we will realise the change only when it will be a day old!
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