Do home automation + state of art meeting rooms business have any potential in chennai,india.?

2

Filed under Electronic Gadget, News by on . Comment#

Comments on Do home automation + state of art meeting rooms business have any potential in chennai,india.? Leave a Comment

February 9, 2010

Dr Dee @ 8:14 pm #

maybe

royphil345 @ 8:58 pm #

I would say no. There are very few in India who can afford such services. The new "upper middle class" in India is mostly made up of computer programmers and phone solicitors who probably still believe their jobs are a little more upscale than they really are. A very small group of executives runs things (your target customer).

There are HUGE riots in India. Many are not pleased about the wealth foreign companies are making using cheap, Indian labor. Most of the people in India a very poor and live in boxes. Many of those who work for the new companies are still very poor. The companies pay disproportionately high sums to a few who can speak English, creating a class of reasonably wealthy phone solicitors who think they're better than their fellow Indians. Coca-Cola and Pepsi have recently been banned in India to give you an idea of the mood there. Any big expansion of business / wealth in India in the near future is uncertain at best. The population of India is so poor, few businesses will tend to grow within India. The only real wealth is in the hands of foreign companies who set up shop there. That will not change quickly.

Leave a Comment

Fields marked by an asterisk (*) are required.

Subscribe without commenting

Copyright sidew, 2010.